Page 94 - Bon News Today

(Bloomberg) -- Sri Lanka’s painful decision to effectively devalue its currency this week could pave the way for the island nation to get help from the International Monetary Fund as a $1 billion debt payment looms in four months.

(Bloomberg) -- Gold held near a 19-month high following a ban on Russian oil imports, as mounting concerns over inflation and economic growth boost demand for the haven asset.

(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.

(Bloomberg) -- A move by the world’s largest sovereign wealth fund to snub a Chinese apparel firm and growing concern that surging oil prices will complicate policy makers’ easing path sparked fresh pessimism over Chinese and Hong Kong’s stocks.

Our roundup of the latest news from metro Detroit and Michigan businesses as well as announcements from government agencies.

(Bloomberg) -- CVC Capital Partners is weighing options for Nirvana Asia Ltd., including a sale that could give the bereavement services company an enterprise value of close to $2 billion, according to people with knowledge of the matter.

Daughter guides mom down slopes in last-minute linkup

Daughter guides mom down slopes in last-minute linkup

Daughter guides mom down slopes in last-minute linkup

(Bloomberg) -- Surging crude is expected to lower oil-rich Gulf nations’ need to sell Islamic bonds, according to Moody’s Investors Service.