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Sales at U.S. retailers slid in July, the latest in a string of weaker reports prompting a rethink about an economy that had looked to be only accelerating this spring

Economists had expected a small increase in retail sales, but July brought surprisingly sour news.

Sales at U.S. retailers slid in July, the latest in a string of weaker reports prompting a rethink about an economy that had looked to be only accelerating this spring

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Agusto & Co withdraws Geregu Power’s rating after N40.09 billion bond default

Agusto & Co has withdrawn the “A-” credit rating assigned to Geregu Power Plc and its N40.09 billion Series 1 Senior Unsecured Bond, after the company defaulted on its scheduled eighth coupon payment…

  • Agusto & Co withdraws A- rating and bond rating for Geregu Power
  • Company defaults on N40.09 billion bond payments
  • Financial performance concerns lead to rating downgrade