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(Bloomberg) — Leer en español Colombia’s sovereign dollar bonds dropped across the curve on Thursday after local media reported that the government might suspend the fiscal rule that limited budget spending and helped steady the markets for more than a decade. Notes due in 2054 slipped 0.3 cent on the dollar, the biggest drop in…
Patanjali Foods Ltd on Sunday junked reports of Patanjali Ayurved Limited receiving notice from the Ministry of Corporate affairs, saying it has not received any communication. In a stock exchange filing, Patanjali Foods said its sister concern Patanjali Ayurved is not being investigated by the Centre. “Pursuant to Regulation 30(11) of the SEBI (Listing Obligations…
(Bloomberg) — The families behind parts of Germany’s Aldi empire of discount supermarkets have held talks about a possible merger, WirtschaftsWoche reported on Saturday. The discussions between the Heister family, which owns Aldi Sued, and two strands of the Albrecht family, which owns Aldi Nord, have been going on for several weeks, the magazine said,…
Thiruvananthapuram, May 25 (PTI) Kerala Financial Corporation (KFC), the state-run development financial institution, has announced its highest-ever annual net profit of ₹98.16 crore for the financial year ending March 31, 2025, marking a 32.56 per cent rise from the previous year. The Corporation’s total loan portfolio crossed the ₹8,000 crore mark for the first time,…
(Bloomberg) — Norway’s $1.7 trillion sovereign wealth fund reported its biggest loss in six quarters in what was a roller-coaster period for markets globally, with the decline largely caused by a drop in the value of technology companies. Norges Bank Investment Management, the world’s biggest single owner of listed companies, lost 0.6%, or $40 billion,…