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Apollo Global Management is embarking on an unusual campaign to improve its image with debt investors after a series of spats between the private-equity firm and creditors in some of its troubled deals.
Time Warner Inc. could become the next U.S. corporate giant to join a wave of non-European firms raising debt in the euro market.
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Puerto Rico legislators rejected a tax overhaul that officials have called critical to the U.S. commonwealth’s effort to replenish government coffers, sending some bond prices to record lows.
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Patrick Honohan, who steered Ireland’s central bank through the most fraught period in its history, will step down before the end of the year.
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The Fed pointed to cooling economic activity and reduced job-market gains in its latest policy statement, underscoring uncertainty about when the economy will rebound and clouding the timing of interest-rate increases.
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Benoît Coeuré, the ECB’s point man in Greece’s bailout talks, said he believes the bank could lift the cap on the troubled country’s issuance of short-term debt were an agreement in sight with its creditors.
Japan’s central bank was forced to lower its price projections and push back the date for achieving its long-term inflation goal.
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Brazilian power company Eneva’s creditors approved a restructuring plan, including a debt-for-equity swap, as part of a $997 million capital plan, according to a person participating in the meeting.