Reuters exclusively revealed that an informal group of international bondholders has proposed to Ethiopia’s government to extend the maturity of the country’s $1 billion eurobond issue coming due in 2024. The sources said the proposal to extend the eurobond maturity foresees a coupon of 6.625% – the same as the current one on what was originally a 10-year bond, which...
B2Gold Deal Gives Miner Canadian Foothold as M&A Picks Up
(Bloomberg) — B2Gold Corp. agreed to buy Sabina Gold & Silver Corp. in a C$1.1 billion ($820 million) stock deal that will give the company its first mining assets in Canada. The takeover offer comes less than a week after B2Gold Chief Executive Officer Clive Johnson said the Canadian company was looking to buy struggling smaller metals producers and distressed...
Inflation explained: How to beat inflation by investing
Inflation is an important factor to consider when it comes to managing your finances. Find out what inflation means to your portfolio. The post Inflation explained: How to beat inflation by investing appeared first on Stockspot Blog.
How to reinvest dividends
Reinvesting dividends is a proven and simple way to grow your wealth and portfolio. Stockspot breaks down the important things you need to know when reinvesting your dividends. The post How to reinvest dividends appeared first on Stockspot Blog.
Turkey-Syria reconstruction costs to come to ‘billions of dollars,’ World Bank says
The World Bank has slated roughly $1.8 billion of funding to Turkey and is pursuing relief aid for Syria, following last week’s devastating earthquakes.
Reuters reveals that India may extend wheat export ban to preserve local supplies after prices hit record high in January
Reuters exclusively reported that, as shared by senior government sources directly involved in decision-making, India is considering extending a ban on wheat exports to replenish depleted state reserves and bring down record-high domestic prices. India’s plan to maintain the export curb until mid-2024 was confirmed by trade and industry officials. Earlier, India, the world’s second largest wheat producer, offered 3 million tonnes...