Bloomberg Argentina and creditors seeking to hash out a $65 billion bond restructuring are still far apart, just days away from a deadline that could plunge the country into default. Talks have continued since bondholders sent two counterproposals, but there’s a gap of about 20 cents on the dollar between the government’s offer and the most aggressive creditors, according to ...

Bloomberg Facebook Inc. will limit offices to 25% occupancy, put people on multiple shifts and require temperature checks when it lets employees back into workplaces beginning in July, according to people familiar with the matter. The social media company outlined to staff globally how it plans to handle a return to major job sites starting July 6, providing a glimpse ...

Bloomberg European funding markets have thus far been stubborn in correcting. This may be about to change. A new European Central Bank (ECB) loan facility for tackling the pandemic, known as PELTRO, will be allotted. The interest rate will be 25 basis points below ECB’s main refinancing operations, currently 0%. While it’s less tempting than the upcoming TLTRO III, another ...