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Fitch Raises Greece’s Status Making It Easier to Sell New Debt
Fitch Ratings raised Greece’s sovereign credit rating by one notch, paving the way for the government to sell more debt in the coming days.
Brussels Edition: Merkel Heading Into Troubled Waters
Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union. Sign up here to get it in your inbox every weekday morning.
Carrie Lam Courts Davos Elites With Dim Sum to Sell Hong Kong
Carrie Lam hosted 200 business and political leaders for dim sum and cocktails at a Swiss ski resort Thursday to reassure them that Hong Kong’s future is bright. It was a tough sell.
South Africa Readies Asset Sales as SAA Faces Funding Crisis
The Ramaphosa administration is accelerating the sale of government assets to fund its cash-strapped airline and other distressed state-owned companies.
China Speeds Up Opening of Market to Investment Bank Giants
China brought forward the planned opening of its $21 trillion capital market by eight months, swinging the door open for global investment banks such as Goldman Sachs Group Inc.
Investors Give Nod to Worst-Rated Illinois With Revenue Growing
As Governor J.B. Pritzker nears his one-year anniversary in office, investors are signaling that Illinois is making some gains even as the worst-rated state grapples with rising pension debt and the
S. Africa Business Confidence Fell to Three-Decade Low in 2019
South African business confidence slumped to the lowest in 34 years in 2019 as the country faced power cuts, delays in policy implementation, deteriorating public finances and the risk of losing its
Can You Qualify for Credit After a Bankruptcy or Consumer Proposal?
Many people think that once they file for bankruptcy or a consumer proposal they will never be able to get…
8 Simple Steps to Improving Your Credit Score
If you have made credit mistakes or have encountered financial hardships in the past and your credit score suffered as…
Arms Race of Election Pledges Comes Too Late for Many in U.K.
Britain’s decade of austerity is coming to an end as politicians pursue an arms race of spending pledges before next month’s election. For the 90,000 or so people of Hartlepool, relief will be too
Floods Become U.K. Election Issue as Parties Spar Over Funding
British political leaders are swapping blame over floods that have drenched parts of England as the deluge becomes an issue in the campaign for the Dec. 12 election.
U.K. Outlook Cut to Negative by Moody’s on Policy ‘Paralysis’
The U.K.’s sovereign credit rating was placed on negative outlook by Moody’s Investors Service, which said the country’s ability to set policy has weakened in the Brexit era along with its commitment
Moody’s cuts India outlook to negative due to “probability of a more entrenched slowdown”
The government faces "significant constraints."
Ramaphosa’s Challenge May Be Bigger Than That Faced by Mandela
When Nelson Mandela came to power in 1994, he faced the challenge of uniting a nation divided by apartheid and healing an economy shattered by sanctions and mismanagement.
Rand Falls After Mboweni Says Moody’s Rating ‘Not Looking Good’
South Africa’s rand weakened as much as 1.2% against the dollar after Finance Minister Tito Mboweni said the fate of the country’s sole remaining investment-grade credit rating from Moody’s Investors
Charts That Show Budget Challenges for South Africa’s Mboweni
South African Finance Minister Tito Mboweni has to tick many boxes in his medium-term budget: credible fiscal and debt numbers, plans to boost economic growth and policy steps that increase investor
Budget Realities Pressure South Africa to Stop Policy Dithering
South Africa’s government has spent months mostly talking about how to save the debt-stricken state power utility Eskom Holdings SOC Ltd., spur economic growth and get its shaky finances back on
I Lost My Identity to a Fraudster, and It Took Six Years to Clean Up the Mess
A Bloomberg reporter’s first-person account of trying to get back his name and credit rating.
Renewable energy firms are knocking on all doors to rein in one of India’s youngest chief ministers
The battle may widen the gap between India’s capacity and its national target for 2022.
Xi Jinping Faces Existential Crisis From Trump
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