Page 102 - Bon News Today

(Bloomberg) -- As oil and gas prices surge with escalating tensions over Ukraine, European power firms are rushing to lock in their cheapest borrowing costs since before the Covid pandemic.

Egypt has named six international lenders, including Citigroup Inc. and HSBC Holdings Plc, to manage its first sale of sovereign Islamic bonds as one of the Middle East’s most indebted nations looks to diversify funding sources and ease the burden on its economy.

(Bloomberg) -- A top policy maker said India’s inflation has peaked, dismissing concerns over the central bank’s dovish outlook when several peers are turning to tightening.

(Bloomberg) -- Plans for a $200 million loan for Marfrig Global Foods SA have fallen apart amid growing concern that Brazil’s second-biggest beef producer is fueling deforestation in the Amazon.

(Bloomberg) -- Botswana’s central bank plans to revamp how it manages interest rates, shifting to using the yield on the main monetary operations instrument as the anchor policy rate instead of the official Bank Rate.

(Bloomberg) -- Only seven weeks ago, Zhenro Properties Group Ltd. looked like a rare beacon of strength in a Chinese real estate industry reeling from an unprecedented stretch of defaults.

(Bloomberg) -- The need to finance more environmental projects in Africa is driving two entrepreneurs to start the first exchange dedicated to green bonds.

(Bloomberg) -- Western condemnation is growing after Russian President Vladimir Putin officially recognized two self-proclaimed republics in eastern Ukraine and ordered his forces to go into the regions. It follows weeks of warnings from the U.S.

Ipswich has lost its Patisserie Valerie after the up-market cafe in the Butter Market closed its doors for the last time.

(Bloomberg) -- The yield curve is bounding toward inversion as soon as this year as the Federal Reserve lays the groundwork for a rate-hiking cycle set to start next month, according to Bank of America Corp.