Bloomberg Germany plans additional borrowing of at least 200 billion euros ($220 billion) this year to finance a fund to modernise the military alongside already-planned debt for climate protection and other initiatives. The latest borrowing binge marks the third consecutive year that Germany has breached constitutional debt limits and highlights how the new government is prepared to take a ...

  Bloomberg Adversaries in a Nigerian lawsuit in which a leading presidential candidate is accused of secretly controlling the private company that collects taxes in the state he once ran are discussing an out-of-court settlement. Oladapo Apara, a founder of Alpha Beta Consulting LLP, alleges that Bola Tinubu concealed his control of the firm. In the early 2000s, as governor ...

Bloomberg Bank of America Corp (BofA) aims to double its underwriting of green bond deals in China over the next two to three years, beefing up its business to capture the fast-growing market, the firm’s China head said in an interview. The Charlotte, North Carolina-based bank plans to underwrite $50 billion of green and sustainability-linked bonds, equities and loans for ...