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US Places Colombia on Rogue Nation List for Drugs, Petro Says

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Colombia President Gustavo Petro said the US has “decertified” Colombia as a partner in the war on drugs amid the biggest cocaine boom in history.



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Funding & Business

Carlyle-Backed Orion Breweries Prices Upsized IPO at Highest End

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Orion Breweries Ltd. set its initial public offering price at the top of the range after its shareholders boosted the number of shares to sell.



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Funding & Business

High-Grade Private Credit Needs Bank Tie-Ups: Apollo

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“The future of IG private credit is really in partnership with the banks — no doubt about it,” Apollo Global Management Inc. President Jim Zelter said in an interview with Bloomberg. Apollo has 12 origination partnerships with banks, according to Zelter, in addition to its own deal-sourcing teams. Those include tie-ups with BNP Paribas SA, Citigroup Inc., Standard Chartered Plc, and others that are “private, or have not been announced, but still very active,” he explained in an interview with Fr



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Funding & Business

Anglo and Codelco Agree to Jointly Develop Copper Mines in Chile

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Anglo American Plc signed an agreement with Chile’s state copper company Codelco to jointly develop their adjacent mines near Santiago in a bid to boost production without major investments.



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