Funding & Business
Zambia Eyes Additional $145 Million From IMF Program Extension
Zambia expects to secure an extra $145 million by extending its existing International Monetary Fund loan program by a year, its finance chief said.
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Antonoaldo Neves, CEO of Etihad Aviation Group, says the company is betting on long-term growth in the U.S., emphasizing that “the more you invest in the U.S., the more return you get.” He told Romaine Bostick on “The Close” that Etihad, as a premium carrier, plans to double its fleet, adding about 20 planes per year over the next five years. (Source: Bloomberg)
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Jamie Iannone, president and CEO of eBay, says the company is rolling out AI tools to make selling more efficient. He told Romaine Bostick on “The Close” that AI is helping shoppers find products faster through recommendation technology (Source: Bloomberg)
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A top official in Argentine President Javier Milei’s government said a Chinese bank deliberately pushed down the peso’s value on Monday, taking advantage of thin liquidity in the foreign-exchange market that day.
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