Medicines for dogs from Elanco (above) and Bayer (below) are available in an animal shelter on the treatment table of a veterinarian.Frank Rumpenhorst | picture alliance | Getty ImagesCompany: Elanco Animal Health Inc. (ELAN)Business: Elanco is an…
A surprise spate of bond defaults by state-owned…
A man counting 100 renminbi notes, the Chinese currency.Sheldon Cooper | SOPA Images | LightRocket via Getty ImagesSINGAPORE — A series of high-profile defaults involving state-owned companies in China — normally a safe pick for…
Credit card industry reins in balance-transfer offers as…
Getty ImagesBanks have pulled back from a popular credit card promotion on concerns that borrowers struggling during the coronavirus crisis may leave them with defaulting loans.Balance transfer offers, which typically entice borrowers to move their debt…
‘Higher risk of rating downgrades, defaults in next…
By Pankaj PathakIn the last month, the bond market stood firm against persistent negative shocks. The government breached its FY20 fiscal deficit target by Rs 1.8 trillion (0.80% of GDP). Market borrowings for FY 2020-21…