Bloomberg Wuhan has ordered officials to test its entire population of 11 million people after the central Chinese city where the coronavirus pandemic began reported new infections for the first time since its lockdown was lifted. All districts in the city have been told to submit a plan laying out how they will prepare to conduct testing of everyone under ...

Bloomberg European funding costs have eased for the first time since a surprise German court ruling last week against the European Central Bank’s bond buying. Three-month Euribor, the rate at which banks lend to each other, ended a three-day rising streak. Funding costs are coming down thanks to the cooling of Italian bond yield spreads, which spiked after the constitutional ...

Bloomberg Argentina extended the deadline for bondholders to consider a $65 billion restructuring offer, buying time for more talks after the government failed to win enough support to reach a deal. The government is open to accepting offers that both allow the country to reach its debt sustainability goals and enhance creditor recoveries, according to a statement. Hours earlier, Argentina ...