Bonds on the Brink Reward EM Investors With Double-Digit Returns
Investors who stuck with bonds from countries that defaulted or are on the brink are betting the double-digit returns they’ve posted over the past month are just the start of a rally.
Investors who stuck with bonds from countries that defaulted or are on the brink are betting the double-digit returns they’ve posted over the past month are just the start of a rally.
Nestlé SA is discussing a potential sale of its peanut allergy medicine to Swiss health-care group Stallergenes Greer, people with knowledge of the matter said.
China’s equity market is facing a wave of selling as money locked up in stock funds matures, the latest pressure point that adds to a slew of concerns dragging on sentiment.
Asking prices for Irish homes rose more than 4% in the second quarter of the year, breaking a streak of three consecutive quarterly declines, despite recent interest rate hikes.
London’s Gatwick is the worst offender for delays and cancellations.
Spanish Prime Minister Pedro Sanchez is lagging in all opinion polls as he heads into the only televised election debate with his conservative rival, even after he closed some of the gap in recent weeks.
Investors in troubled UK utility Thames Water Ltd. have agreed to put in an extra £750 million ($960.4 million) of equity funding to help stave off a temporary takeover by the government with more money needed down the line.
Israel has the option of breaking with the Federal Reserve after closely tracking the US central bank during a record stretch of monetary tightening.
BT Group Plc is searching for a new chief executive officer after Philip Jansen told the board he’d step down from Britain’s former state telecom company in the next 12 months.
Russia’s top military commander was shown on state television Monday for the first time since the abortive mutiny by Wagner mercenaries aimed at ousting him.