Companies are debuting a record amount of bonds in Europe as investors demanding higher yields show greater tolerance for untested borrowers who are seeking to diversify funding as banks curtail lending.
Australia’s two oldest universities are joining their American peers in borrowing from capital markets to help finance research and upgrade campuses.
Kristin Forbes says there’s something amiss if Spain can borrow at the same rate as Britain. For Andy Haldane, it’s a sign market stresses may return.
Astronomers who announced in March that they had detected the first direct evidence of the Big Bang that formed the universe, said that their observations may have been clouded by cosmic dust.
The European Central Bank’s unprecedented effort to fend off the threat of deflation has brought volatility in financial markets to a standstill. Policy makers aren’t so serene.
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