Bloomberg Business

Estonian Prime Minister Kaja Kallas, who has called for the Kremlin’s economic isolation, said she had “nothing to hide” as she sought to contain mounting criticism over the presence of her husband’s company in Russia.

Singapore raised S$2.8 billion ($2.1 billion) of green bonds by reopening an existing 50-year maiden note it sold last year, adding resources to its climate-change efforts.

Toronto-Dominion Bank saw its expenses and provisions for credit losses rise in the third quarter, another signal that borrowers are feeling squeezed by aggressive rate hikes.

A Lazard Ltd. banker in Stockholm was charged by Swedish prosecutors over allegations of bribery linked to a deal struck by Atlas Copco AB.

Most investors think private debt will perform better in the coming year and just over half aim to increase their allocation to the burgeoning asset class, according to a survey by data provider Preqin.

Even though the economy is looking a little brighter, the leveraged-loan market is still exposed to low recovery rates from corporate defaults. 

Adani Group said cash and profit generated from its sprawling infrastructure business can cover all the debt maturing each year in the coming decade, as billionaire Gautam Adani tries to restore investor confidence days before India’s markets regulator is due to submit findings from a probe into the group’s alleged wrongdoings.

Johannesburg, South Africa’s economic hub, has secured bids from private producers to provide 92 megawatts of electricity to help shield the city from nationwide electricity shortages.