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5 days ago · Paul Richardson, Bloomberg News. Cyril Ramaphosa Photographer: Dwayne Senior/Bloomberg , Bloomberg. (Bloomberg) -- South Africa’s newly formed government must accelerate the pace of reform to help improve the business environment and attract investment, President Cyril Ramaphosa said. Ten political parties signed up to join a broad alliance ...
5 days ago · Target Corp. is partnering with e-commerce specialist Shopify Inc. to expand its marketplace for third-party merchants, as the big-box retailer seeks to catch up with larger competitors Walmart Inc. and Amazon.com Inc. The Minneapolis-based retailer said that vendors using Shopify’s e-commerce platform can now apply to sell their products on ...
5 days ago · Recency bias, small sample size and the odds of the Oilers winning the Stanley Cup. By Larry Berman. Edmonton Oilers center Connor McDavid (97) celebrates his goal during the third period of Game 5 of the NHL hockey Stanley Cup Finals against the Florida Panthers, Tuesday, June 18, 2024, in Sunrise, Fla. The Oilers defeated the Panthers 5-3.
5 days ago · Jorgelina do Rosario, Bloomberg News. , Bloomberg. (Bloomberg) -- Ethiopia’s official creditors are ready to extend a June 30 deadline for the country to reach a deal with the International Monetary Fund on a new program, according to a person with direct knowledge of the talks. The IMF cutoff date is part of a debt standstill provided to ...
5 days ago · Bank of Canada Governor Tiff Macklem said the country’s economy is headed for a soft landing, suggesting the central bank expects the unemployment rate to rise but that a large increase isn’t needed to achieve the inflation target. On Monday, Macklem said Canada’s unemployment rate — which hit 6.2 per cent in May — was “just above ...
5 days ago · DuPont’s water business may be valued at about $6 billion or more including debt in any sale, the people said. Shares in DuPont rose as much as 3.1% on Monday. The stock was up 1.8% at 3:21 p.m. in New York, giving the company a market value of about $34 billion. Deliberations are ongoing and there’s no certainty that US-based Xylem or ...
5 days ago · Accra, Ghana. , Bloomberg. (Bloomberg) -- Ghana reached an agreement in principle with private creditors to restructure about $13 billion of debt, a key milestone in the West African country’s efforts to overhaul its loans. The nation’s bonds rallied.
