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Corporate Giants Are the New Hedge Funds of the Global FX Market

(Bloomberg) For signs of where the action is in the $7.5 trillion-a-day currency trading market, look no further than Apple Inc.’s balance sheet. Most Read from BloombergIsrael Latest: Hamas Leaders Targeted as Ground War LoomsApollo CEO Marc Rowan Demands UPenn Leaders Quit Over ‘Antisemitism’Goldman Sues Malaysia as 1MDB Settlement Dispute EscalatesIMF Caught Off Guard as China Strikes Sri Lanka Debt DealHouse Republicans Pick Scalise as Speaker Nominee in Trump SnubThe technology giant is

Fall of the zombies? Why corporate failures could surge in 2024

Fall of the zombies? Why corporate failures could surge in 2024 | Hellenic Shipping News Worldwide

Fall of the zombies? Why corporate failures could surge in 2024 | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

Analysis-Fall of the zombies? Why corporate failures could surge in 2024

Debt-laden companies across Europe, Middle East and Africa face a $500 billion refinancing scramble in the first half of 2024, a challenge that could kill off many "zombie" businesses even though an expected peak in rates could bring some relief. Businesses facing rising debt costs after years of low rates will have to compete to secure enough cash in the biggest corporate refinancing rush seen for years, just as banks rein in risk ahead of stricter capital rules. A crunch is looming, finance industry experts said, with many weaker, smaller businesses seeking new private loans and public debt deals just as government borrowing costs - which influence loan rates - are soaring globally.

Analysis-Fall of the zombies? Why corporate failures could surge in 2024 By Reuters

Analysis-Fall of the zombies? Why corporate failures could surge in 2024 By Reuters
investing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investing.com Daily Mail and Mail on Sunday newspapers.

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