Bloomberg Regulators around the world are getting tougher on automakers after a series of cheating scandals on fuel economy and emissions, with China set to become the strictest, according to Ford Motor Co. Chief Executive Officer Mark Fields. “The regulatory environment around the world is becoming more and more strict, particularly on things like greenhouse gases and fuel economy,” ...

  Bloomberg Puerto Rico’s Government Development Bank, operating under a state of emergency to preserve cash, is about halfway toward reaching a forbearance agreement with creditors, according to an official. The GDB, which lent to the commonwealth and its municipalities, owes $422 mn on May 1 that officials have said the bank cannot pay. Jesus Manuel Ortiz, spokesman for Governor ...

  Bloomberg Ministers from the Group-of-Seven nations agreed to promote agricultural innovation and investment as farmers face the twin challenges of an aging workforce and extreme weather at a time when global food demand is increasing. “Motivated, skilled and enterprising farmers are essential for the growth of the agricultural sector,” the ministers said in a joint statement after two days ...