Ryanair's relations with Portugal will suffer because of the Irish airline's campaign to try to block state aid for struggling Portuguese rival TAP, Portugal's infrastructure ministry warned on Wednesday.
Credit rating agencies S&P Global Ratings and Fitch affirmed South Africa's sovereign rating and outlook on Friday, citing an upturn in near-term economic performance and improved public finances.
Italy to sell 5.5-6.5 bln euros of bonds in auction German yields up ahead of U.S. Core PCE data Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr
LONDON, May 28 (Reuters) - The gap between Italian and German bond yields was at its narrowest in more than a fortnight on Friday ahead of an Italian bond auction, as the promise of European Central Bank largesse helped push Italy’s borrowing costs down for a second week in a row.
Italy is due to sell between 5.5 billion and 6.5 billion euros of five-year and 10-year bonds in an auction later on Friday, and the dovish reinforcement of the ECB in recent months should help support demand, market observers said.
Indonesia's central bank left its benchmark policy rate at a record low on Tuesday, seeking to maintain support for Southeast Asia's biggest economy while ensuring stability in financial markets amid the risk of outflows.