Bloomberg Latin America faces risks as its economy rebounds from the worst downturn in two centuries, with better fiscal policy needed to ensure a sustained recovery, according to region’s development lender. Output will grow 4.1% this year as vaccine rollouts proceed and businesses continue to open, the Inter-American Development Bank said in forecasts released at its annual meetings. The bank ...

Bloomberg France amassed its biggest-ever green bond orderbook in its second sale of new debt, extending a pole position in the market to finance environmental projects. The nation raised 7 billion euros ($8.3 billion) from the securities maturing in 2044. Investors bid over 34.5 billion euros, about 50% more than for its first such offering in 2017, reflecting the surge ...

Bloomberg British officials are drawing up contingency plans in case the government needs to step in to save Sanjeev Gupta’s Liberty Steel from collapse, amid fears that thousands of jobs in a critically key industry are at risk. Business Secretary Kwasi Kwarteng and other senior officials have been holding intensive discussions with the company in recent days, aiming to secure ...