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Italy Court Overturns Convictions of Ex-Paschi Chairman, CEO

The former chief executive officer of Banca Monte dei Paschi di Siena SpA, Fabrizio Viola, was cleared of false accounting and market manipulation, reducing legal risks for the lender.
Ethiopia Is About to Become Africa’s Next Debt Defaulter

Ethiopia looks set to miss an interest payment due later on Monday on its December 2024 dollar bond, becoming the latest emerging-market sovereign to default on debt.
Fear of a Lower Credit Rating Lingers Over Chile’s Bond Market

As a deeply divisive re-write of Chile’s constitution comes to an end, interest rates fall and economic growth returns it seems that Chile’s bond market is regaining its mojo. But there may be one final sting in the tail from the last three years of social, political and economic turbulence.
Occidental Finances $10.8 Billion CrownRock Deal Without Buffett’s Help

Occidental Petroleum Corp. plans to finance its biggest takeover in more than four years without the assistance of top shareholder Warren Buffett.
German Football Clubs Vote in Favor of Exploring TV Rights Sale

Germany’s top professional football clubs voted in favor of a potential TV rights sale, a deal that could help narrow the gap with the UK’s Premier League and mark the entry of private equity into the league.

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