Reuters Jordan’s central bank said that it had auctioned its first-ever sale of Islamic bonds, or sukuk, a five-year 75 million dinars ($105.9 million) deal to help finance purchases by state utility firm National Electric Power Company. The sukuk, which used a cost-plus-profit arrangement known as murabaha, attracted 205 million dinars worth of bids paying a 3.5 percent profit ...

  Bloomberg UniCredit SpA Chief Executive Officer Federico Ghizzoni may resign as soon as on Tuesday amid investors’ demands for a change in management, people with knowledge of the situation said. The bank’s board will meet tomorrow and may authorise its nomination committee to begin the search for a new CEO, said one person, asking not to be identified because ...

  JAKARTA / Reuters Ares Capital Corp., the publicly traded lender managed by alternative investment firm Ares Management LP, will acquire American Capital Ltd. in a deal valued at around $3.4 billion. Ares Capital will pay $14.95 a share in cash and stock for Bethesda, Maryland-based American Capital, the companies said in a statement Monday. The deal excludes American Capital ...