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Argentina’s top creditors submit new debt scheme

Argentina

Bloomberg Argentina’s largest creditors sent Alberto Fernandez’s government new counteroffers in an effort to reach a $65 billion restructuring deal in the coming week. A bondholder group that includes BlackRock Inc., Ashmore Group Plc and Fidelity Investments submitted one of the proposals according to people with knowledge of the matter. Another joint plan was presented in separate statements, one by ...

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Italy’s next bond sale is like a public vote on crisis handling

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Bloomberg Italy needs to sell more debt and next week it will target the public, in what may amount to a vote on Rome’s handling of the economic crisis. A four-day auction of inflation-linked bonds aimed primarily at the retail market will begin on Monday, as the government seeks to build on the success of recent sales to institutional investors. ...

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Tesla plans to build Cybertruck plant in Texas

Bloomberg Tesla Inc. chosen to locate its second US auto factory in Texas, the blog Electrek reported, citing an unnamed source. The electric-car maker will construct the plant in or near Austin, Electrek said. The Associated Press later reported that Austin and Tulsa, Oklahoma, are finalists for the facility but that no final decision has been made. Elon Musk said ...

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