Bloomberg Business

Schwarzman, IMF Chief Are Confident of US Debt Deal: Qatar Forum

Blackstone Inc. Chief Executive Officer Steve Schwarzman said he doesn’t expect the US to default on its debt, echoing comments by the International Monetary Fund’s managing director, as time runs short for negotiators to reach a deal.

Kindred Speeds Up Sale Plans After Executives Quit

Online gambling firm Kindred Group Plc is accelerating plans for a potential sale, people with knowledge of the matter said, following the departures of senior managers in recent weeks.

Nigeria Lifts Interest Rates to Record and Signals More to Come

Nigeria raised interest rates for an unprecedented seventh consecutive time to dampen inflation and support the naira, and signaled it’s prepared to hike further after research showed the increase in borrowing costs is yielding results.

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