Egypt’s credit rating has been upgraded by Fitch Ratings for the first time since 2019. This upgrade comes as the country continues to recover from two years of economic crisis, bolstered by a $57 billion global bailout. This positive change signals growing confidence in Egypt's economic stability.
Goldman Sachs CEO highlighted the resilience of the US economy and a positive outlook for dealmaking in a recent interview. However, he also voiced concerns about the escalating conflict in the Middle East.
Grupo Aeromexico SAB is looking to raise up to $1.1 billion in the international debt market. The funds will be used to refinance existing notes as the Mexican airline aims to strengthen its financial position.
Boeing Co. has announced a massive nearly $19 billion share sale, marking one of the largest by a public company. This move aims to tackle the company’s urgent liquidity issues and avoid a potential downgrade to junk status for its credit rating.
Belfius Bank SA and Landesbank Baden-Wuerttemberg are looking to raise new Additional Tier 1 capital. This move comes as they aim to repay bonds that initially seemed at risk but have surprisingly turned into the year's top-performing notes.
China’s central bank is expanding its monetary policy toolkit to better manage liquidity in the financial system. This move aims to provide more options for fine-tuning the economy amid ongoing challenges. By introducing new measures, officials hope to enhance financial stability and support economic growth.
Atua AI, a leading platform specializing in on-chain enterprise AI, has recently converted part of its reserves into Bitcoin. This strategic move aims to protect its operations and ensure financial stability as it grows in the Web3 space. By investing in Bitcoin, recognized for its resilience against Market fluctuations and regulatory challenges, Atua AI is ...
Klaas Knot, a member of the European Central Bank Governing Council, has urged European governments to improve their financial management. He specifically highlighted France's urgent need to get its finances in order.
Morocco plans to loosen its exchange rate regime by 2026, resuming a gradual reform process paused during the pandemic. This was announced by the central bank governor in a recent interview.
The world's leading financial stability watchdog has announced that Klaas Knot will continue as chair until the end of June. This decision delays the search for his successor, a challenging role in global finance.
