One of the world’s biggest bond managers sees the best opportunity in more than a decade to invest in public-debt securities as the Federal Reserve is likely to delay rate cuts until next year.
An investor group including a former betting executive are pushing for changes at 888 Holdings Plc to boost the UK gambling firm’s value, according to people familiar with the matter.
Economists at some of the biggest global banks are offering sharply different views of how Turkey will go about raising interest rates this month, a prospect that seemed remote before President Recep Tayyip Erdogan’s reelection just over a week ago.
South Africa is setting up an office to facilitate investment in the water industry in a bid to arrest its collapse and emulate the success of the nation’s electricity procurement agency, which has attracted more than $10 billion of private money into renewable energy.
Ukraine said Russia blew up a giant dam and unleashed an environmental catastrophe, with floodwater sweeping across the south of the country as Kyiv’s forces intensify their counteroffensive to oust Moscow’s troops from occupied territory.
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