Zambia’s $65 Million Sweetener Wins Support for Bond BuybackZambia has received enough support from bondholders to buy back its 2053 dollar debt in full, after offering an extra $65 million to pull in a group of holdout creditors that resisted the transaction.
Crop and Fertilizer Markets Wipe Out Iran War Risk PremiumThe Iran war risk premium that swept through crop and fertilizer markets is rapidly evaporating as fears of prolonged supply disruptions fade, easing one of the biggest threats to food inflation.
Paramount’s $110 Billion Warner Takeover Investigated by UKBritain’s merger watchdog has opened a probe into Paramount Skydance Corp.’s $110 billion takeover of Warner Bros. Discovery Inc.
Citi’s Chew Sees Aggressive Short-Selling Positions in US StocksTraders are aggressively building short-selling positions in US stocks, while bullish wagers on the tech sector remain stretched, putting the market at risk, according to Citigroup Inc. strategists.
LA Stadium Workers Avert Strike Days Before First World Cup GameWorkers at SoFi Stadium near Los Angeles reached a tentative agreement with management, averting the threat of a strike days before hosting the US team’s first World Cup football match.
Index Funds Gobbling 30% of SpaceX Float Risk Driving Price UpThe prospect of billions of dollars of oncoming demand for SpaceX stock from index-tracking funds risks creating a feedback loop that drives the shares of Elon Musk’s company even higher, academics and market observers have warned.
Canada Dollar Hits 2026 Low as Traders See Central Bank on HoldThe Canadian dollar slid to its lowest level since December on Tuesday, as traders anticipated the Bank of Canada will be slower than its global peers to raise interest rates.
Treasuries Hold Oil-Driven Gains Despite Soft Auction DemandTreasuries rose as falling oil prices overshadowed middling demand at the first of three longer-term US debt auctions this week.
Apollo’s Shutterfly Sweetens Debt as Investors Weigh AI RiskShutterfly has sweetened terms on a portion of a critical debt refinancing, in a bid to assuage investors spooked by potential AI disruption and widening losses.
Bitcoin’s Worst Week Since FTX Crash Signals More Pain AheadBitcoin’s slide below $60,000 last Friday capped its worst week since the collapse of Sam Bankman-Fried’s FTX exchange in 2022.
Bitcoin’s $235 Billion Crash Masks Bigger Shift in CryptoThe easiest way to understand crypto used to be to look at Bitcoin.
Strategy Resumes Buying Bitcoin After Rare Sale Roils CryptoMichael Saylor’s Strategy Inc. resumed buying Bitcoin a week after a rare token sale by the digital asset treasury company roiled the crypto market.