路透新闻部
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Feb 12 (Reuters) - Sri Lankan shares snapped four sessions of losses to close 5% higher on Friday, as financial and industrial stocks rebounded. The benchmark stock index ended up 5.1% at 7,985. Still, it shed 3.5% for the week, but is up 17.9% so far this year. The Sri Lankan rupee was last quoted at 194 against the U.S. dollar as of 1057 GMT, 0.26% lower for the day compared with last session’s close of 193.5, according to Refinitiv data. Trading volume on the CSE All Share Index fell to 184.8 million from 198 million in the previous session. Ceramic wall tiles maker Lanka Walltiles Plc surged 34.4% and was the top percentage gainer on the index
By Reuters Staff
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Feb 10 (Reuters) - Tyler Technologies Inc said on Wednesday it will buy payments company NIC Inc for about $2.3 billion, as the COVID-19 pandemic has accelerated a shift to online services and electronic payments by governments.
Tyler is a provider of emergency management and other software programs to U.S. counties and municipalities, while NIC provides digital services that help citizens make secure payments to the government, renew licenses and submit business filings.
Under the terms of the deal, NIC shareholders will get $34 per share in cash, a premium of about 14% to its last closing price.
Brazilian President Jair Bolsonaro on Friday sent a bill proposal to Congress that would alter how state fuel taxes are set, in order to reduce volatile pump prices following a threat by trucker drivers to strike over high diesel costs.
By Reuters Staff
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NEW YORK, Nov 19 (Reuters) - A group of Suriname’s creditors said on Thursday it would engage with the South American country’s authorities regarding a payment deferral if it extends the current solicitation expiration, coming up next week.
“The extremely short period of time allocated to the Consent Solicitation in its current form . raises a concern with respect to the viability of a successful outcome within the allotted time,” the creditor committee said in a statement.
Suriname’s government on Saturday asked creditors for a payment deferral on its two bonds, due in 2023 and 2026, which total $675 million.
By Reuters Staff
2 Min Read
The S&P Global logo is displayed on its offices in the financial district in New York City, U.S., on December 13, 2018. REUTERS/Brendan McDermid/File Photo
(Reuters) - S&P Global Ratings on Friday downgraded Ethiopia’s long-term foreign and local currency sovereign credit ratings to ‘B-’ from ‘B’ on potential debt restructuring, announcing the move days after Fitch Ratings downgraded the country.
“Exacerbated by the effects of the COVID-19 pandemic, Ethiopia’s structurally weak external balance sheet has deteriorated further, in our view”, S&P Global Ratings said.
On Tuesday, Ethiopia’s sovereign dollar bonds dropped nearly 2 cents as Fitch chopped Ethiopia’s credit score by two notches after Addis Ababa signaled it could be the first with an international government bond to use a new G20 ‘Common Framework’ plan.