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Argentina bond spreads widen to most in 14 yrs

Bloomberg Argentina bond spreads widened to the most in 14 years after opposition leader Alberto Fernandez ripped the debt-laden country’s accord with the International Monetary Fund (IMF). The spread over Treasuries widened 182 basis points to 2,003 basis points, the most since June 2005, after Fernandez said much of the IMF loan had been wasted on financing capital flight out ...

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‘EU should ease corporate collaboration fears’

Bloomberg Europe’s antitrust authorities could ease companies’ concerns about the potential fallout from working together by giving them unofficial guidance, according to one of Germany’s top competition experts. Firms in the region are putting off shared projects due to concerns over retroactive regulatory push-back, according to Achim Wambach, a member of a commission created by the German government to review ...

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Norway’s biggest funds warn firms to halt Amazon damage

Bloomberg Norway’s biggest investors, with combined asset under management of about $170 billion, are telling companies to make sure they don’t contribute to environmental damage in Brazil’s Amazon as fires roar through the rainforest. Storebrand ASA and pension fund, KLP, are now reaching out to companies and intensifying their research to map out who’s responsible for any potential damage. Storebrand ...

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