Foreign investment in Latin America risks "drying out" due to economic turmoil and fiscal instability sparked by the COVID-19 pandemic, especially if Chinese-led commodity demand remains weak, a former Colombian finance minister said on Tuesday.
The suspension of soccer leagues across Europe due to the COVID-19 pandemic will see overall player value drop by 6.6 billion euros ($7.5 billion), or about 18%, in the transfer market, KPMG's global head of sports Andrea Sartori said.
LONDON/BENGALURU The European Union's 750 billion euro recovery fund plan is not a game changer as the level of debt alleviation for the likes of Italy are likely to be marginal, a PIMCO lead sovereign credit research analyst said on Thursday.
LONDON/BENGALURU, May 28 The European Union's
750 billion euro recovery fund plan is not a game changer as the
level of debt alleviation for the likes of Italy are likely to
be marginal, a PIMCO lead sovereign credit research analyst said
Trading in options on Wall Street's fear gauge was impossible in the first minutes of Monday's session due to an absence of prices from the market makers on whom trading depends, a representative of index operator CBOE Global Markets Inc said.
Fears about the future of energy assets have led to a sell-off, but this has created "very good opportunities" for the Carlyle Group, its founder, David Rubenstein, said on Thursday.
Geopolitical uncertainties are not deterring Citigroup Inc clients from strategic deals and some unicorns' offer "great potential", but outbound Chinese buyers are lacking, Leon Kalvaria, chairman of the lender's institutional clients group said.
Jan 23 Non-performing loans (NPL) bought from
Italian banks and held on average for two years have yielded net
percentage returns in the mid-teens, Hazem Ben-Gacem, co-chief
executive of alternative asset manager Investcorp said
The U.S. Federal Reserve could tighten monetary policy as soon as the second half of 2020, provided inflation even modestly picks up, Guggenheim Partners Global Chief Investment Officer Scott Minerd said on Wednesday.
Russian interest rates could drop by up to 75 basis points by the end of 2020, VTB Group Deputy Chief Executive Riccardo Orcel said on Tuesday, as long as inflation holds steady.