Bloomberg Argentina secured a $50 billion stand-by arrangement from the International Monetary Fund to help restore investor confidence as the government takes aim at double-digit inflation and a widening budget deficit. The rescue program’s size, which would run for 36 months, is the largest ever in IMF history though it will depend on how much the government taps. It comes ...

Bloomberg Large companies listed in the UK will have to explain the pay gap between bosses and employees under government plans to be submitted to Parliament. Firms with more than 250 staff on their books will have to publish and justify the difference in pay between chief executives and workers and will have to detail how directors are acting in ...

Bloomberg General Electric Co. shareholders can breathe a little easier. At least for now. The board declared a 12-cent dividend, holding the payout steady for another quarter despite growing concerns that it would get cut. The dividend is payable July 25 to owners of record at the close of business June 18, GE said in a statement. The decision offers ...