Bloomberg Rishi Sunak can do self-restraint. After an addiction to drinking full-strength Coca-Cola resulted in seven fillings to his teeth, he rationed himself to a single Coke a week. When he comes to deliver his budget on Wednesday, the chancellor of the exchequer faces a battle to persuade his colleagues of the need to turn down the flow of government ...

Bloomberg The US has dropped a key demand in negotiations over digital taxation of technology companies such as Alphabet Inc.’s Google and Facebook Inc., lifting a barrier that had raised transatlantic trade tensions and prevented an international deal. Treasury Secretary Janet Yellen told her counterparts at a virtual meeting of Group of 20 finance officials that the US is no ...

Bloomberg Argentina is considering using new reserves to be issued by the International Monetary Fund (IMF) to make a payment due to the lender in September, a move that would allow more time to overhaul an outstanding $45 billion loan. The new IMF reserve assets, called special drawing rights, or SDRs, would give cash-strapped Argentina fresh funding to pay the ...