The Economic Transformation Committee of South Africa’s ruling African National Congress suggested that pension funds take over some of the assets of the indebted state power company.
The U.S. Supreme Court agreed to decide whether investors can challenge the 2012 agreements that let the federal government collect hundreds of billions of dollars of Fannie Mae and Freddie Mac’s profits.
Ireland’s Paschal Donohoe won the race to take over as the president of informal but powerful group of euro-area finance ministers that will help to shape the region’s economic recovery.
A South African regulator warned insurers to stop broadly rejecting claims from businesses seeking to cover losses because of a lockdown to curb the coronavirus.
A triple-leveraged ETF that tracks some of the world’s biggest technology companies is poised for its worst week of outflows in a decade after soaring more than 200% from its March low.
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