Bloomberg Argentina’s ninth default on its external debt is now official after some of its bonds were cut to default status by two rating companies. Fitch Ratings reduced the South American nation to restricted default (RD), while S&P Global downgraded four of its dollar-denominated bonds to default from CC following a missed $500 million payment last week. That sets up ...

Bloomberg Brazil, the biggest exporter of beef and chicken, is betting on a new set of safety standards to avoid the kind of mass processing disruptions that caused meat shortages and price spikes in America. The South American farming powerhouse plans to introduce new national guidelines that incorporate requirements from local authorities and labour prosecutors, Agriculture Minister Tereza Cristina Dias ...

Bloomberg Stocks advanced in Europe along with US equity futures as investors looked past simmering tensions between Washington and Beijing and focused on progress in relaxing lockdowns. Oil slipped, while Treasuries and the dollar edged higher. The Stoxx Europe 600 Index headed for a third daily increase as the region’s push to revive battered economies looked to be on track, ...