Panama Credit Rating Cut to Junk by Fitch Amid Mine Spat
Fitch Ratings stripped Panama of its investment-grade credit rating as the closure of a key copper mine last year added to the country’s fiscal worries and risks undermining growth prospects.
Fitch Ratings stripped Panama of its investment-grade credit rating as the closure of a key copper mine last year added to the country’s fiscal worries and risks undermining growth prospects.
Texas regulators took a step toward terminating a 52-year toll road concession held by Actividades de Construccion y Servicios SA and restoring control to the state.
Sam Bankman-Fried was sentenced to prison for 25 years. More than $20 billion in Tether transactions are being reviewed for possible sanctions violations. The surviving co-founder of Quadriga is being asked where he got a hoard of gold and cash. And Bitcoin is approaching record highs.
Shares of Boundless Bio Inc., a cancer therapeutics maker that counts Bayer AG among its largest investors, fell 9% after raising $100 million in a US initial public offering.
Prime Minister Justin Trudeau said his government will set aside C$1 billion ($738 million) to provide low-cost loans for expanding and renovating child care spaces.
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