The People’s Bank of China said it’s ready to sell low-risk bonds — including government debt — when necessary, Reuters reported Thursday, reigniting a debate over whether the central bank is preparing to enter the bond market for the first time in years. from Bloomberg Markets https://ift.tt/CXMoqmT

Zimbabwe wants steep reductions in debt values from creditors whom it cumulatively owes $19.2 billion, as part of efforts to reorganize arrears that are a weight on the economy. from Bloomberg Markets https://ift.tt/ze5CNqU

ConocoPhillips is heading for a market value of more than $150 billion, dwarfing BP. from Bloomberg Markets https://ift.tt/PhZv57L

Golden Goose CEO Silvio Campara discusses his company’s plan to raise €100 million ($108 million) in a Milan initial public offering which is expected to value the luxury sneaker brand at about €3 billion including net debt in the offering, based on feedback from investor meetings. from Bloomberg Markets https://ift.tt/ewlPLXd

Foot Locker Inc. reported earnings that surpassed expectations as the sneaker retailer tries to get back on pace with its turnaround plan. from Bloomberg Markets https://ift.tt/1ZEacJD

These are the latest verified results from South Africa’s national election, released by the Electoral Commission of South Africa. from Bloomberg Markets https://ift.tt/AUNRWaK

Societe Generale Chairman Lorenzo Bini Smaghi tells Bloomberg why he thinks the European Union has fallen short on integrating the bloc’s banking system and why it faces unfair competition with the United States. He spoke exclusively to Bloomberg’s The Pulse with Francine Lacqua. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/AetnWuF

Switzerland’s proposal to significantly increase capital requirements for UBS Group AG will be counterproductive for the bank’s stability and the country’s interests, according to a major activist investor in the bank. from Bloomberg Markets https://ift.tt/m4h1BYn

The European Union agreed to hike tariffs on imports of Russian grain to curb the Kremlin’s revenues and prevent those shipments from destabilizing the region’s farm sector. from Bloomberg Markets https://ift.tt/O2L0xkw

Euro-area economic confidence improved as the region bounces back from its mild recession in the second half of last year. from Bloomberg Markets https://ift.tt/pAfyKJd