Page 158 - Bon News Today

(Bloomberg) -- The African Development Bank said it will support trade valued at $7 billion over the next five years in a bid to spur the growth of the world’s biggest free-trade area.

(Bloomberg) -- The Turkish lira rebounded from a record low against the dollar as a top official refuted a media report that said President Recep Tayyip Erdogan is “cooling” on central bank Governor Sahap Kavcioglu.

(Bloomberg) -- International Monetary Fund officials including Managing Director Kristalina Georgieva -- who’s made climate change a signature issue -- softened a warning about environmental risks to Brazil’s economy after President Jair Bolsonaro’s government objected to the language.

(Bloomberg) -- North Carolina took over the finances of a town bordering Fort Bragg, highlighting the state’s strong authority to intervene in cases of municipal fiscal distress.

(Bloomberg) -- Austrian Chancellor Sebastian Kurz defied pressure to step down, as the nation’s president and his coalition partner questioned his ability to lead amid a corruption probe.

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(Bloomberg) -- India’s central bank is poised to leave its key interest rate unchanged for an eight straight meeting to support economic growth, while likely signaling readiness to unwind some pandemic-era stimulus to tackle inflation concerns.

(Bloomberg) -- Brazil’s hedge fund industry is being tested as one of the world’s most hawkish central banks quickly increases rates, prompting investors to pile back into fixed-income products. Investors pulled 13.4 billion reais ($2.

(Bloomberg) -- Honour Lane Shipping Ltd., a Hong Kong-based freight forwarder, is weighing a sale of the business that could fetch about $500 million, people with knowledge of the matter said.

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