Investors are losing faith in Brazil’s corporate borrowers in the aftermath of Americanas SA’s implosion, defying reassurances that the century-old retailer’s collapse was a one-off with no broader implications.
Veteran emerging-markets investor Mark Mobius said Turkey’s efforts to prop up stocks as they reopen following an earthquake-fueled rout could have the “opposite” impact.
A bid to bolster sales of corn-based ethanol risks a spike in gasoline, a new study shows, highlighting the political stakes for the White House.
German Defense Minister Boris Pistorius indicated that western allies are struggling to put together two full battalions of Leopard 2 tanks to send to Ukraine as promised.
Canadian home prices fell for an 11th straight month as rising interest rates continued to limit what prospective buyers can afford, ramping up pressure on the country’s housing market.
An outside investigation of the collapse of FTX Group would likely cost creditors more than $100 million and interfere with the company’s effort to repay its debts, a federal judge said Wednesday in refusing to appoint a bankruptcy examiner to probe the collapse of the crypto exchange.
Britain’s governing Conservative Party might ordinarily have rejoiced at the resignation of Nicola Sturgeon. The Scottish leader has frequently clashed with London over Brexit, the handling of the pandemic and her demand for another independence referendum.
The Turkish central bank has asked local lenders to set a minimum spread on gold sales to domestic buyers, in another attempt to curb high demand for the precious metal.
President Joe Biden is considering a public address ahead of his trip to Poland on the downing of an alleged Chinese spy balloon and other unidentified objects, according to people familiar with the matter.
Major oil producers, including Petroliam Nasional Bhd. and Hess Corp., have locked in hedges to protect against falling prices in the latest sign that markets are stabilizing after an extremely volatile year that drove traders from the commodity.
