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Sources indicate that Canadian financial holding and investment company Fairfax Financial Holdings may exit Indian non-bank financial services company IIFL Finance. Following the announcement of the transaction with the Industrial Development Bank of

2026-11-11

Sources indicate that Canadian financial holding and investment company Fairfax Financial Holdings may exit Indian non-bank financial services company IIFL Finance. Following the announcement of the transaction with the Industrial Development Bank of India (IDBI), Fairfax is likely to complete its exit soon. Fairfax may sell its remaining stake in IIFL Finance to institutional investors on the secondary market.

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2026-11-11

The governor of Brazil's central bank stated that issuing debt in local currency is an advantage for creditors, but a risk for investors.

The governor of Brazil's central bank stated that issuing debt in local currency is an advantage for creditors, but a risk for investors.
2026-11-11

The EIA in its Short-Term Energy Outlook raised its 2027 U.S. retail diesel price forecast by 12% and gasoline by 5% versus last month. It said global oil product supply constraints may persist through end-2027, keeping product crack spreads elevated

The EIA in its Short-Term Energy Outlook raised its 2027 U.S. retail diesel price forecast by 12% and gasoline by 5% versus last month. It said global oil product supply constraints may persist through end-2027, keeping product crack spreads elevated and supporting high U.S. refinery operating rates. The agency expects Brent to trade near $100/bbl for the remainder of this year, easing to $77/bbl in Q4 2027 as global inventories gradually rebuild.
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