Analysis-US corporate debt binge could be hard to sustain
By Shankar Ramakrishnan, Matt Tracy and Laura Matthews NEW YORK (Reuters) – Large U.S. companies have been on a bond issuance binge but this rapid pace in supply may be hard to…
India’s Russian oil binge drags down OPEC’s share to lowest in 2022
By Nidhi Verma NEW DELHI (Reuters) – Russia became the third-largest oil supplier to India in 2022, making up about 15% of total purchases, dragging down OPEC’s share to the lowest in…
FTX’s ‘Unsophisticated’ Leaders Blew Billions On ‘Spending Binge’ For Overpriced Assets, CEO Says
FTX’s ‘Unsophisticated’ Leaders Blew Billions On ‘Spending Binge’ For Overpriced Assets, CEO Says John Hugh DeMastri on December 13, 2022 Crpyto exchange FTX mishandled billions of dollars of customer funds and went…
ECB tells banks to cut lending to indebted borrowers after binge
FRANKFURT – The European Central Bank has told banks to cut lending to the most indebted borrowers, which could poke a hole in their balance sheets if the economy turns south or…
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