Ukraine won backing for some $15.6 billion in financing from the International Monetary Fund as part of a large-scale aid package, the first time the institution has agreed to lend to a nation at war in its 77-year history.
Nike Inc. reported robust quarterly sales that beat Wall Street’s expectations as the sportswear brand worked down its excess inventory, but profitability missed estimates.
A cohort of TV Azteca SAB’s creditors filed a petition to force the Mexican broadcaster into involuntary bankruptcy in the US, the latest twist in drawn-out debt talks.
The New Zealand dollar, one of this year’s worst-performing major currencies, is emerging as a prime choice to hedge against potential US dollar strength should the global economic outlook darken.
GameStop Corp. reported a surprise profit in the fourth quarter and beat analysts’ estimates for revenue, sending the shares soaring as much as 39 per cent in extended trading.
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