Bloomberg Brazil kept borrowing costs unchanged as a new central bank president is set to take over the challenge of slowing inflation to target without exacerbating the worst recession in over a century. Policy makers, led by departing bank President AlexandreTombini, on Wednesday voted unanimously to keep the Selic at a near-decade high of 14.25 percent for a seventh ...

  Bloomberg Dell Inc. paid up to sell $3.25 billion of junk bonds that will help finance its takeover of EMC Corp., just as it did last month in a $20 billion offering of investment-grade debt. The computer maker sold the longer part of its offering, $1.625 billion of eight-year bonds, for a yield of 7.125 percent, about 1.31 percentage ...

  Bloomberg The prospect of building an underwater pipeline from Texas to Mexico is making Sempra Energy’s Ienova one of the top-performing stocks south of the border. Infraestructura Energetica Nova SAB, as the unit is formally called, had the second-biggest gain on the Mexican Stock Exchange since announcing plans on May 19 to bid to develop the $2.1 billion project ...