Bloomberg A potential share sale of Banco Patagonia SA was delayed after majority holder Banco do Brasil SA prevented a shareholder meeting of the Argentine lender. Banco do Brasil hasn’t decided whether it will sell its 59 percent stake in Patagonia or offer new shares, according to two people familiar with the matter who asked not to be named because …

Bloomberg Russia’s ruble pared a third weekly drop while bonds fell as the central bank slowed the pace of easing with a 25 basis-point cut in its main interest rate amid an escalation of tensions with the U.S. and a drop in oil. The currency traded 0.4 percent higher at 57.67 per dollar in Moscow, paring a weekly drop to …

Bloomberg Bank of England (BOE) policy maker Kristin Forbes warned that the move in the pound may have a more persistent effect on inflation and a monetary policy response is needed. Forbes, one of three BOE officials to vote for an interest-rate increase this month, said it’s acceptable to look through inflation shocks if they create deviations from trend rather …