The Great Atlantic & Pacific Tea Co. ’s convertible bonds dropped to the lowest in almost three months after the company said it’s seeking a loan that would give lenders a priority claim on its assets in a bankruptcy.
European Parliament lawmakers will today decide whether to escalate a gender row with governments as they ponder if Yves Mersch’s appointment to the European Central Bank Executive Board would make him one man too many.
Sept. 12 (Bloomberg) -- Bank of Thailand Governor Prasarn Trairatvorakul discusses lessons from the 1997 Asian financial crisis, the European sovereign debt crisis and the outlook for Thai exports. David Marsh, chairman of the Official Monetary and Financial Institutions Forum (OMFIF) and Meghnad Desai of the London School of Economics also speak at the event in London. (Source: Bloomberg)
European jet fuel purchases are set to reach the highest levels in more than a year as the London Olympics and Euro 2012 soccer tournament boost travel during the summer months just as refineries in the region are shuttered.