Bloomberg Business

IMF Approves $1 Billion for Kenya After Latest Loan Review

The International Monetary Fund approved almost $1 billion for Kenya, saying the East African country had met conditions for continued financing under programs to help reform the economy and confront challenges posed by climate change.

Black Knight-ICE Merger Hopes Fueled by Unit Sale Ahead of FTC Fight

Shares of Black Knight Inc. drew closer to Intercontinental Exchange Inc.’s takeover offer as Wall Street bolstered bets the deal will go through after the mortgage software provider sold additional assets in a bid to address antitrust concerns.

BlackRock Touts Emerging Markets’ Edge Over Rest of World

Local emerging-market assets still have an edge over those from mature economies, according to BlackRock Inc.’s research arm, as some of the world’s most-influential central banks skid toward peak interest rates.

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