Bloomberg The Argentine peso has a split personality, with analysts forecasting both big losses in the spot market and the highest total return for emerging-market investors. The reason for the divergence comes down to inflation and interest rates. Consumer-price increases of more than 20 percent will wreak havoc on the peso’s value, but any weakness will be more than offset …

Bloomberg Bank of America Corp. once excited investors by pledging steep cost cuts by the end of this year. It still has a ways to go. The lender showed promise on revenue growth, as net interest income jumped to the highest in more than five years and revenue from trading and investment banking both topped estimates. Now, analysts question whether …

DUBAI / WAM A new report from Middle East Electricity (MEE) states the GCC requires a combined $131 billion worth of investment in electricity generation, transmission and distribution over the next five years to cope with increasing demand from growing populations, expanding economies and climatic changes. The report, ‘GCC Power Market’, reveals that despite the GCC’s current power-generating capacity of …