First-time home buyers in the UK are stretching themselves as they struggle to purchase property, with more people saddling themselves with mortgages that will take longer than ever to pay off.
TA Associates is reviving plans to sell French cosmetic treatment company Laboratoires Vivacy, people familiar with the matter said.
Power demand in New York City is expected to hit the highest for the summer on Tuesday as a stifling heat wave reaches its peak.
Mexico’s biggest non-bank lender, Unifin Financiera SAB, said it was halting bond payments and will restructure its debt, sending bonds and shares spiraling to all-time lows as investors absorb the latest blow to the sector.
Nigeria must cut gasoline subsidies and boost revenue collection to avoid a sharp deterioration in government finances next year, the nation’s budget office said.
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