Debt restructuring framework must improve to help distressed countries, Pakistan’s ex-central banker says
The global framework over sovereign debt financing needs to improve so that emerging market economies can get out of their debt problems faster, says Reza Baqir.
Renault slashes Nissan stake as the automakers overhaul their decades-long alliance
Renault has trimmed its interest in coalition ally Nissan stake as the automakers overhaul their decades-long union.
Unilever names former Heinz exec Schumacher as CEO
Consumer goods giant Unilever on Monday appointed Hein Schumacher as its new chief executive officer replacing Alan Jope from July 1.
Ryanair posts record Christmas quarter, sees ‘very robust’ summer demand
“Bookings are showing no signs of recession at this point in time,” Chief Financial Officer Neil Sorahan told Reuters.
Europe’s crackdown on Big Tech omitted TikTok — but now that’s set to change
TikTok is beginning to feel the sting of political and regulatory pressure in Europe, where the Chinese-owned app has evaded the scrutiny it’s faced in the U.S.
Barclays names 6 ‘cheap, under-owned’ UK stocks to buy, saying 2 offer more than 50% upside
Barclays has identified six London-listed stocks to buy, which it believes will benefit from fiscal credibility and reduced interest rate pressures.
Australia searches for tiny radioactive capsule believed to be lost on desert highway
Rio Tinto apologized for the loss of a tiny capsule believed to have fallen from a truck that has sparked a radiation alert across parts of Western Australia.
Wall Street says Europe’s a better bet than the U.S. right now — and names its top stock picks
European stocks are off to their strongest start in over 26 years, and analysts think there could be more upside ahead.
Adani’s $2.5 billion share sale faces crucial day after rout
Indian regulations say the share offering must receive minimum subscription of 90%, and if it does not the issuer must refund the entire amount.
Goldman Sachs names tech stocks with a ‘strong runway’ for growth — giving one upside of nearly 70%
Goldman is bullish on a part of tech that’s now seeing “limited appetite.” It shares some top picks it expects will beat their peers when the economy recovers.
