Vedanta’s dollar notes due this month were the most supportive of the firm’s liability management exercise, while the remaining three trade below the 80 cents on the dollar mark often considered indicative of distress. Still, the bond due in August 2024 rose 3.5 cents on the dollar in December to 66.4 cents, according to Bloomberg-compiled data.
Gold poised for sixth week of gains on safe-haven demand
Gold prices rise, marking six weeks of gains, due to increasing U.S.-China trade tensions. Spot gold reaches a record high, while experts cite uncertainty around
February 8, 2025