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IMF sees upside in delaying Argentina deal after October

Bloomberg Officials at the International Monetary Fund (IMF) see some benefit in delaying a $45 billion agreement with Argentina after the nation’s midterm election in October, with talks yielding little progress six months after they began, according to people familiar with the situation. While IMF negotiators prefer to hash out a deal with Argentina as soon as possible, some see ...

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Tesla slump ends after it recrods biggest gain

Bloomberg Investors rushed back into Tesla Inc. shares, putting a screeching halt to a five-day slump, and pushing the stock to its biggest gain in more than a year. A steady stream of positive news — including an upgrade from a Wall Street analyst, a rally in the cryptocurrency Bitcoin and a broader turn in sentiment toward high-multiple technology stocks ...

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UK shop sales accelerate as end of lockdown nears

Bloomberg UK retail sales growth accelerated in February as government’s roadmap to end coronavirus lockdown spurred purchases of back-to-school items, an industry survey showed. The increase of 1% last month compared with a gain of 0.1% a year ago and average growth of 0.6% for the past three months, according to the report by the British Retail Consortium and KPMG. ...

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