South Africa could dramatically boost economic growth if the country fixed its fraying transport network and public electricity utility, the International Monetary Fund said.
Adler Group SA, the indebted landlord that’s attempting to sell off assets and repay long-suffering creditors, is quitting a voluntary alliance with the state of Berlin intended to cap rent hikes at 11% every three years.
Former US Federal Reserve Chair Ben Bernanke won’t be paid to conduct his review into the Bank of England’s forecasting, a response to a freedom of information request revealed.
New York City pension funds filed a motion to dismiss a lawsuit filed in May that alleged the plans breached their fiduciary duties by selling billions of dollars of fossil fuel assets.
Argentine assets extended losses as strong support for outsider Javier Milei in a weekend primary vote reverberates through markets.
Rand traders are starting to look to next year’s South African election, betting that it will bring with it whispsaws in the currency.
Pulling up a list of the 10 biggest ETFs in Europe offers some unexpected results: not a single fund centered on European stocks rounds out the docket.
Nigeria is considering selling stakes in about 20 state-run companies in a bid to raise funds and improve governance at the entities.
Apollo Global Management Inc. is poised to sign more than $4 billion in so-called NAV loans, as the asset manager steps up unorthodox lending to private equity firms looking to raise cash in a challenging high-cost environment.
US homebuilder sentiment unexpectedly declined in August for the first time this year as high mortgage rates deterred prospective buyers.
