Halister News

(Bloomberg) -- Fugitive Indian tycoon Vijay Mallya faces new money laundering charge in a London court Tuesday and is fighting extradition to India.

• Mallya doesn’t consent to extradition during appearance in Westminster Court after arrest earlier in day
• One of money laundering allegations relates to Force India Formula 1 team, prosecutor Mark Summers says
• Mallya’s next hearing comes Nov. 20
• Mallya declines to comment outside of court
• NOTE: Indian Tycoon Mallya Facing Second Set of India Criminal Charges

To contact the reporter on this story: Jeremy Hodges in London at jhodges17@bloomberg.net To contact the editors responsible for this story: Anthony Aarons at aaarons@bloomberg.net Christopher Elser

(Bloomberg) -- Most important consequence of Brazil’s USD global bonds is to pave the way for corporate bonds as it might lower prices with increasing demand, which would help the depressed market to seek funding, ARX Investimentos chief economist Solange Srour says in interview.

• "Moment is great because of favorable domestic conditions and abundant liquidity in the world"
• "It’s a good moment to exchange debt"
• Federal Reserve has signaled that interest rates in U.S. might rise, "but this will be done cautiously, so financial conditions are not tightening because of this change"
• "High growth and low inflation in the world is a positive scenario for emerging markets"
• NOTE: Brazil Offers to Sell 2028 Bonds as Borrowing Costs Fall Further

Original Story: ARX: Captação do Tesouro dá preço p/ emissões externas privadas To contact the translator on this story: Ana Carolina Siedschlag in São Paulo at asiedschlag@bloomberg.net To contact the translation editor responsible for this story: Danielle Chaves at djelmayer@bloomberg.net Reporter on the original story: Ana Carolina Siedschlag in São Paulo at asiedschlag@bloomberg.net Editors responsible for the original story: Daniela Milanese at dmilanese@bloomberg.net Fernando Travaglini