Bloomberg Two of Argentina’s largest creditor groups excoriated the government for mismanaging the economy, saying the country was headed for disaster just seven weeks after restructuring $65 billion in debt. The investors urged policy makers and International Monetary Fund (IMF) to do their part to set the stage for an economic recovery. They said in a joint statement that the ...

Bloomberg Telecom Italia SpA, Italy’s former phone monopoly, is drawing up a new plan worth between 4 billion and $5.3 billion to speed up its fiber roll-out in the country, according to a document seen by Bloomberg. Telecom Italia earlier this month launched a new tender aimed at widening the company’s fiber-to-the-home coverage to about 10 million Italian households, according ...

Bloomberg Californians are facing the largest mass blackout so far this year as the state’s biggest utility, PG&E Corp., prepares power shutoffs to prevent live wires from falling into dry brush and igniting wildfires with ferocious winds expected to sweep across the region. PG&E is planning to cut power to 386,000 homes and businesses — an estimated 1.2 million people ...