Bloomberg Argentina’s Salta province reached a deal with an ad-hoc creditors group for amendments to its foreign bonds due in 2024, the provincial government said in a statement. The bondholders group, represented by VR Advisory Services Ltd., holds roughly 40% of the notes. Salta owes $350 million of debt it issued in 2016, which trades at distressed levels with yields ...

Bloomberg UK lenders approved more mortgages in 2020 than in any year since before the financial crisis, as house hunters sought to take advantage of a temporary tax cut. The stamp duty holiday, which allows buyers to save as much as 15,000 pounds propelled the housing market into high gear even as the coronavirus crisis sent the wider economy into ...

Bloomberg US consumer sentiment edged lower in late January, adding to signs that consumers remain subdued about prospects for the economic recovery as the pandemic wears on. The University of Michigan’s final sentiment index falls to 79 from a preliminary reading of 79.2 earlier in the month and 80.7 in December, data showed. The figure fell below the 79.4 median ...