China expected to lower fine on Ant Group to about $700 million

Reuters exclusively revealed that Chinese regulators are expected to downgrade charges against Ant Group and fine them approximately $728 million – significantly less than the $1 billion initially planned.  The post <strong>China expected to lower fine on Ant Group to about $700 million</strong> appeared first on Reuters News Agency.

Ethiopia seeking $2 billion under IMF program

Sources exclusively revealed to Reuters that Ethiopia is in talks with the International Monetary Fund (IMF) to borrow at least $2 billion under a reform program. While the IMF is still evaluating the country’s debt sustainability, an initial analysis calculated that Ethiopia is set to face a financing gap of at least $6 billion until 2026. The post <strong>Ethiopia seeking...