New York City is shrinking.
U.S. retail sales jumped by the most since
Red Kite, the world’s best-known metals hedge fund, reached a settlement with Barclays Plc over claims traders at the bank engaged in abusive trading and manipulated copper prices on the London Metal Exchange.
Blackstone Group LP saw "remarkable money gathering" in the first quarter, said Chief Executive Officer Stephen Schwarzman.
Ukraine votes on Sunday in the second round of its presidential election, with neither candidate likely to rock the boat with the IMF, World Bank, European Union and other institutions. The country needs to maintain access to financial markets to meet its obligations -- and that’s far from guaranteed, according to Bloomberg Economics. Factoring in required payments to foreigners in the next year, as well as other expected outflows, Ukraine has gross external financing needs of $46 billion, about
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