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Defaulted Venezuelan Bonds Soar After US Lifts Ban on Trading

Venezuela bonds rose sharply on Thursday after the Biden administration allowed US investors to buy the notes for the first time in four years as part of a sweeping sanctions relief package.

Used Jets Rents Surge 44% as Airlines Pay Up to Buoy Fleets

Two out-of-production Airbus SE and Boeing Co. jet series have become hot commodities, with plane values and monthly lease rates soaring for airlines fortunate enough to procure the aircraft.

Rhine Barge Rates Soar as Chokepoint Water Level at Seasonal Low

The cost of shipping fuel along the Rhine river has surged as dropping water levels curb barges’ carrying capacity.

Asia’s Markets Start to Crack Under Pressure of Stronger Dollar

Asia’s financial markets are almost at breaking point.

Paris Olympic Committee Office Searched Again by Police

French investigators conducted searches at the office of the Paris 2024 Olympic Committee for the second time this year, part of a new investigation into allegations of conflicts of interest and favoritism.

China National Chem to Build Angola’s $6 Billion Lobito Refinery

Angola will sign a contract with China National Chemical Engineering Co. on Friday to build the long-delayed $6 billion plant in Lobito.

Caribbean Islands Brace for Tropical Storm Tammy: Weather Watch

Stormy weather in the Atlantic and Pacific are on Bloomberg Green’s radar today.

World’s Biggest Battery Maker CATL Earnings Miss as EV Sales Dip

Contemporary Amperex Technology Co. Ltd., the world’s biggest battery maker, posted third-quarter net income and revenue that missed estimates as a slight cooling of demand for electric vehicles on its doorstep, a price war and rising competition in China eroded earnings.

Emirates Adds Premium Economy on A380 Superjumbo India Flights

Emirates will add premium economy services on its flights to and from Mumbai and Bengaluru later this month as it looks to win over affluent consumers in the world’s most-populous nation amid rising competition.

Pakistan Court Grants Ex-PM Sharif Bail Ahead of Return

A Pakistani court gave temporary bail to former three-time Prime Minister Nawaz Sharif, paving the way for the convicted leader to end his four-year self-exile and return to the country over the weekend.

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