Debt

© Reuters. Mining giant Freeport-McMoRan Inc. (NYSE:) has managed to decrease its gross debt from US$10.7b to US$9.41b as of September 2023, resulting in a net debt of about US$3.66b after considering its cash reserve of US$5.75b.…

US President Joe Biden discussing student debt relief at the White House in August 2023.Alex Wong/Getty ImagesThe US's ballooning debt burden is sparking concern on Wall Street.The country is one of just 21 worldwide whose debt-to-GDP ratio…

Following the launch of Patricia token (PTK) issued to customers to manage users’ debt by Patricia, a Nigerian cryptocurrency exchange, the chief executive officer of the exchange (CEO), Fejiro Hanu, has confirmed that customers now have…

(Bloomberg) -- A joint venture tied to a Pacific Investment Management Co. fund surrendered a portfolio of 20 hotels with a $240 million mortgage.Most Read from BloombergThe properties, located in cities including San Antonio and Carmel,…

© Reuters. FILE PHOTO: A worker is seen near a sign of the Export-Import Bank of China at the venue for the second China International Import Expo (CIIE) in Shanghai, China October 31, 2019. Picture taken October 31, 2019.…

Jim Rogers.Business Insider VideoJim Rogers warned about US government debt, de-dollarization, and multiple asset bubbles.George Soros' former business partner said stocks, bonds, and real estate are widely overvalued.Rogers touted…

Columnists Want to pay Kenya’s Sh10 trillion debt? Sell all these parastatals now Monday October 09 2023 Kenya Power Offices along Aga Khan Walk as pictured on April 23, 2023. Kenya Power restructuring featured in the fifth review…

© Reuters. FILE PHOTO: People walk past a Metro Bank in London, Britain, May 22, 2019. REUTERS/Hannah McKay/File Photo (Reuters) -British lender Metro Bank on Saturday rejected a series of takeover approaches from specialist business…

In February, Israeli network equipment vendor Ceragon Networks (Nasdaq: CRNT) published its financial statement for 2022. During the conference call that the company's management conducted with investors and analysts on…

The interest the government pays on national debt has reached a 20-year high as the rate on 30-year bonds reaches 5.05%. A rise in the cost of borrowing comes at a difficult time for the chancellor, Jeremy Hunt, as he prepares for the…