Edition:
United Kingdom

Tom Arnold

Saudi Arabia completes first phase of state mills privatisation

08 Jul 2020

DUBAI/LONDON Saudi Arabia said on Wednesday it had completed the first batch of its flour milling sector privatisation, according to a statement by the state grain buyer and privatisation centre.

GLOBAL MARKETS-Global shares waver on coronavirus fears

08 Jul 2020

LONDON/SYDNEY, July 8 Global stocks faltered on Wednesday as an increase in new coronavirus cases in some parts of the world undermined prospects for a quick economic recovery.

GLOBAL MARKETS-Global shares waver on coronavirus fears

08 Jul 2020

LONDON/SYDNEY, July 8 Global stocks faltered on Wednesday as an increase in new coronavirus cases in some parts of the world undermined prospects for a quick economic recovery.

GLOBAL MARKETS-Global shares waver on coronavirus fears

08 Jul 2020

LONDON/SYDNEY, July 8 Global stocks faltered on Wednesday, losing momentum after a five-day rally, as an increase in new coronavirus cases in some parts of the world undermined prospects for a quick economic recovery. Oil prices fell on oversupply fears.

Argentina's sweetened debt offer wins early support; bonds climb

06 Jul 2020

LONDON/BUENOS AIRES Argentina's new debt restructuring offer won a tentative thumbs up from creditors as they digested the details on Monday, pumping up the country's bonds on hopes the two sides could strike a deal by an extended Aug. 4 deadline.

Argentina's new bond offer gets praise, big guns stay silent

06 Jul 2020

LONDON, July 6 Argentina's new offer to bondholders got a tentative thumbs up from investors as they digested the details on Monday, though there was no sign yet of whether it would gain the blessing of the biggest bloc of creditors.

Emerging market debt rush set to run despite Ukraine U-turn

02 Jul 2020

LONDON, July 2 A flourishing first half for emerging market debt issuance is expected to continue, with worries among some investors about a risk of oversupply eased by Ukraine's cancellation of a $1.75 billion Eurobond.

Ukraine aborts Eurobond sale as central bank governor's exit rattles market

02 Jul 2020

KYIV/LONDON Ukraine's government on Thursday sought to reassure investors that its reform agenda remained on track after being forced to abort a $1.75 billion Eurobond sale following the shock resignation of Central Bank Governor Yakiv Smoliy.

Sovereign investors ill-prepared for crises, finds report

01 Jul 2020

LONDON Most government funds are ill-equipped to handle crises such as COVID-19 and some sovereign investors may be hit by government withdrawals, liquidity struggles and mergers even after the pandemic, a report said on Wednesday.

Sovereign investors ill-prepared for crises, finds report

01 Jul 2020

LONDON, July 1 Most government funds are ill-equipped to handle crises such as COVID-19 and some sovereign investors may be hit by government withdrawals, liquidity struggles and mergers even after the pandemic, a report said on Wednesday.

World News