U.S. private equity company Apollo Global Management has ended talks with the administrators of British financing company Greensill after a JPMorgan investment in Greensill's technology partner, two sources familiar with the talks said.
S&P Global is monitoring Brazil and South Africa for fiscal fallout from recent volatility in domestic debt markets, said the rating agency's lead emerging market economist.
U.S. initial jobless claims less than expected Graphic: World FX rates tmsnrt.rs/2egbfVh (Updates to open of U.S. markets, changes byline, dateline; previous LONDON)
NEW YORK, March 11 (Reuters) - A gauge of global stocks rose for a third straight session on Thursday to hit its highest level in two weeks, as a dip in government bond yields helped ease inflation worries and provided a boost to stocks.
Euro zone bond yields fell after the European Central Bank said it was ready to accelerate money-printing to keep a lid on euro zone borrowing costs, using its 1.85 trillion Pandemic Emergency Purchase Program (PEPP) more generously over the coming months to stop any unwarranted rise in debt financing costs.
African economies are expected to grow by an average of 3.4% this year, the African Development Bank said, as the continent recovers from its worst contraction in half a century.
A gauge of global stock markets climbed for a third straight session on Thursday to hit its highest level in two weeks, as a dip in government bond yields helped curb inflation concerns and give a boost to equities.