Bloomberg Incoming Mexican President Andres Manuel Lopez Obrador, the leftist who calmed investors with his initially market-friendly approach, ditched a $13 billion airport project backed by some of the nation’s wealthiest businessmen, sparking a rout in stocks, bonds and the currency. Lopez Obrador scrapped the project after almost 70 percent of 1.07 million people who participated in a national referendum ...

Bloomberg Two more fuel tubes in F-35 jets may need to be replaced, according to the Pentagon, potentially adding to costs and disruption after a temporary grounding of the fleet. It expands the suspect parts beyond an initial fuel supply line that may have contributed to the September 28 crash of a Marine Corps F-35 and forced a brief grounding ...

Bloomberg Rallye SA, the indebted parent of French retailer Casino Guichard-Perrachon SA, may soon face a new front in its battle against short sellers. Distressed debt funds betting against the company have been buying up a Rallye bond due in January 2022 that may enable them to force a default, according to people familiar with the matter. That’s because the ...