Business

Food insecurity in Africa should be overcome in five years, says AfDB boss

 Programs supported by the African Development Bank (AfDB) in over 30 African countries have helped produce some $12 billion worth of food, and the...

Yellen says she trusts IMF, World Bank, Morocco to adjust annual meetings after disaster

U.S. Treasury Secretary Janet Yellen said on Tuesday that she trusts the leaders of the World Bank and the International Monetary Fund to adjust...

Global watchdog tackles ‘vulnerabilities’ in leveraged loans

Global securities regulators have proposed tightening how the leveraged loan market operates to tackle "vulnerabilities" after a prolonged period of low interest rates led...

Global debt is returning to its rising trend

The global debt burden retreated for the second year in a row, even though it remains above its already-high pre-pandemic level, according to the...

Corporate defaults jump, highest August monthly tally since 2009 – S&P

The number of new corporate defaults globally reached 16 in August, the highest August monthly number since 2009, S&P said in a report released...

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