Shares in Swedish real estate company SBB rebounded on Wednesday after Broker Arctic Securities said the earlier price plunge on concern over the group's debt was overdone.
The Fed may well hike U.S. interest rates again on Wednesday but cracks appearing on multiple fronts - jobs, lending, the banking system and debt ceiling - strongly suggest it will be the last of the cycle.
Rating agency Moody's downgraded Sri Lanka's debt rating to 'Caa2' from 'Caa1' on Thursday saying the country had failed to come up with a comprehensive debt repayment plan and low foreign exchange reserves posed the risk of defaults.
Novavax Inc expects regulators in India, the Philippines and elsewhere to make a decision on its COVID-19 vaccine within "weeks," its chief executive told Reuters, after the shot on Monday received its first emergency use authorization (EUA) from Indonesia.
Rating agency Moody's downgraded Sri Lanka's debt rating to 'Caa2' from 'Caa1' on Thursday saying the country had failed to come up with a comprehensive debt repayment plan and low foreign exchange reserves posed the risk of defaults.