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S&P Global Buys IHS Markit in $44bn Deal

S&P Global Inc. has agreed to buy IHS Markit Ltd. for about $44bn in stock, a deal that accelerates the wave of consolidation among the finance industry’s biggest data providers. The mega transaction, which IHS Markit CEO Lance Uggla told employees in a note that has been in the works …

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IMF: The Crisis is Not Over, Keep Spending Wisely

The International Monetary Fund (IMF) warned Monday, the coronavirus crisis is not yet over, urging economies to keep offering fiscal support to enabling a healthy recovery, per Reuters. “Support must be maintained throughout the crisis. A premature withdrawal of support would represent further damage to livelihoods and increase the likelihood …

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Global Food Price Index Rises in July

The United Nations Food and Agriculture Organization (FAO) said on Thursday that global food prices rose in July, led by vegetable oils, dairy products and sugar, to continue recovery from the previous month, which came after sharp declines caused by the pandemic. The FAO Food Price Index, which measures monthly …

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