Turkey Raises $2.25 Billion in First Post-Quake Debt Sale
Turkey borrowed $2.25 billion in its first international bond offering following last month’s devastating earthquakes.
Turkey borrowed $2.25 billion in its first international bond offering following last month’s devastating earthquakes.
Shareholders of Ericsson AB are questioning the telecom-equipment giant’s decision to deviate from its own remuneration guidelines to pay massive bonuses to Rory Read, the chief executive of Vonage Holdings Corp. it acquired last year.
Sweden’s economy unexpectedly expanded in January, with gains in exports and household spending contrasting earlier evidence that the largest Nordic economy had likely entered a recession.
Apollo Global Management Inc. expects growth in private credit to outstrip its other businesses with the combination of high interest rates and low liquidity driving demand.
The crucial grain deal that revived Ukraine’s crop exports and helped bring down global prices is up for renewal again, and the market is betting on another extension.
Bank of France Governor Francois Villeroy de Galhau said French inflation should peak between now and June and the European Central Bank will do what’s needed to bring it back to its 2% goal.
Shell Plc’s outgoing Chief Executive Officer Ben van Beurden was paid £9.7 million last year, a jump of 53%, as the company made record profits from soaring fossil fuel prices.
India may sell as much as 250 billion rupees ($3 billion) of green bonds in the next fiscal year and plans to include longer maturity debt to the offering, according to people familiar with the matter.
Japan Airlines Co. halted sales of steeply discounted tickets for domestic flights after demand overwhelmed the carrier’s website.
Malaysia left its monetary settings unchanged for a second straight meeting on Thursday, as the central bank opted to weigh the impact of previous interest-rate increases on economic activity amid a challenging global outlook.