Zimbabwe Keeps Key Rate in First Meeting Since ZiG Debut
Zimbabwe’s central bank kept its benchmark interest rate unchanged at its first policy meeting since unveiling the gold-backed currency, the ZiG.
Zimbabwe’s central bank kept its benchmark interest rate unchanged at its first policy meeting since unveiling the gold-backed currency, the ZiG.
Workers in Argentine soy-processing plants have gone on strike just as farmers are collecting the crop.
WeWork Inc. and its major financial backers including SoftBank Group Corp. have struck a new restructuring deal to get the ailing workspace provider out of bankruptcy, spurning a competing financing proposal from co-founder Adam Neumann.
The European Central Bank should proceed with caution after a probable first reduction in interest rates in June, with quarterly data on wages likely to be key in determining further moves, according to Governing Council member Klaas Knot.
The US presidential election in November is set to have an impact on the re-awakening market for initial public offerings, squeezing the number of weeks available this year for companies to go public.
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