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Denouncing “racism of any kind”, a global investment firm has fired a white woman after a viral video showed her calling police to say she felt threatened by an African-American man who asked her politely to leash her dog in New York’s Central Park.
NEW YORK (Reuters) - A white woman has apologized after a video went viral showing her calling police to say she felt threatened by an African- American man who asked her politely to leash her dog in New York's Central Park.
MUMBAI: Indian money managers are dumping corporate bonds as they struggle to meet redemptions after the biggest-ever forced closure of funds in the country last month.
This highlights the crisis that is spreading in the nation’s credit markets
RIYADH: Oil-rich Gulf nations may turn to asset sales to complement an almost US$50bil debt spree to support economies rocked by the coronavirus pandemic and the collapse in crude prices, according to Citigroup Inc.
NEW DELHI: The Reserve Bank of India (RBI) on Monday (April 27) opened a three-month liquidity facility of 500 billion rupees (about 6.5 billion dollars) for mutual funds facing pressure due to capital market volatility brought on by the Covid-19 (coronavirus) pandemic.
MUMBAI: Franklin Templeton will wind up $4.1 billion of Indian debt funds after a liquidity crisis compelled the firm to freeze investor withdrawals, underscoring persistent stress in credit markets as the coronavirus pandemic wreaks havoc on the global economy.
A PAUSE in debt payments for the world’s poorest countries to help them battle the coronavirus will be a hard sell for private creditors.