Firms climate data reporting is improving, says Norway
trust.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from trust.org Daily Mail and Mail on Sunday newspapers.
ASX 200 Weekly Wrap: ASX lower despite bumper dividends
fool.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com.au Daily Mail and Mail on Sunday newspapers.
Australia-based slot machine maker Ainsworth Game Technology Ltd says it has a new five-year secured-credit facility worth US$35.0 million, with United States-based lender Western Alliance Bancorp.
“Proceeds of US$28 million from this new facility have been used to extinguish all company obligations under the prior revolving credit facility with Australia and New Zealand Banking Group Ltd (ANZ),” said Ainsworth Game in a Friday filing to the Australian Securities Exchange.
The party to the new credit agreement is Ainsworth Game Technology Inc, a U.S.-based operating subsidiary of the group. Its parent entities within the group, AGT Pty Ltd and Ainsworth Game Technology Ltd, are guarantors of the loan.
The Reflation Euphoria Has a Dark Side for Emerging Markets
Bloomberg 2/19/2021 Joanna Ossinger and Lilian Karunungan
(Bloomberg) Rising Treasury yields risk pulling the rug out from under the rally in emerging markets, denting one of the street’s favorite trades of the year.
The prospect of a strong economic rebound and hefty U.S. stimulus has strategists at Goldman Sachs Group Inc. and money-managers at Amundi lending their voices to the bull case in the developing world. But the rout in Treasuries that these forces have unleashed should keep investors on their guard, according to JPMorgan Chase & Co.
“If a particular allocation across the risky markets spectrum should be low confidence this year, it is the EM overweight,” JPMorgan’s John Normand wrote in a note to clients on Wednesday.