Greece’s credit rating was raised to investment grade by S&P Global Ratings — the first such move by one of the big three assessors since the country was shaken by a debt crisis more than a decade ago.
After Morgan Stanley reported earnings results earlier this week, shares tumbled the most in more than three years.
Stock investors who sleepwalked to an $8 trillion rally earlier in the year are being shaken awake by the bond market.
Argentina’s central bank is almost out of room to intervene in currency futures, the main avenue it’s been using to prop up the plunging peso ahead of a pivotal presidential vote on Sunday.
Russian authorities are considering raising the tax burden on the nation’s natural gas industry to help finance a return to full subsidies for oil refiners, as the government seeks to support the domestic fuel market without straining the country’s budget.
The moribund market for initial public offerings was dealt another blow as Klaviyo Inc. joined a group of closely watched companies to slump below the price at which it sold millions of shares.
Brazil’s top central banker sees digital currency platforms like the monetary authority’s popular instant-payment application eventually replacing credit cards and other traditional financial instruments.
Peru’s finance ministry says the economy is in recession, after months of denying that this was really the case.
Prosecutors pursuing Donald Trump on Georgia racketeering charges secured a crucial guilty plea and cooperation agreement from Kenneth Chesebro, an attorney who may directly tie the former president to efforts to overturn the 2020 election by empaneling alternate slates of electors.
The tennis star became a global sensation at 17. Two decades later, she’s built a sprawling business around her personal brand.
