Bloomberg The World Bank’s International Finance Corporation is more than tripling its investment in Argentina this year after President Mauricio Macri’s government began carrying out economic reforms and resolved a 15-year legal battle with holdout creditors. The IFC will lend about $1.8 billion to Argentina’s private sector this calendar year compared with $500 million in 2015, Liz Bronder, director ...

Bloomberg Climate activists seeking to pull investors into their camp are pushing Exxon Mobil Corp. and Chevron Corp. to limit money spent on exploration in favor of higher dividends and more share buybacks. Shareholders will vote on proposals that would urge the two biggest U.S. oil producers to cut what they spend opening up new oil fields and instead hand ...

  Bloomberg Computerised trading firm XTX Markets Ltd. has come from out of nowhere to dethrone major banks including Deutsche Bank AG in the rankings of the world’s biggest spot currency traders. The London-based proprietary trader is now the fourth-biggest trader, accounting for 7.6 percent of spot foreign exchange. It’s the first time an electronic specialist has displaced a bank ...