Bloomberg Brazil’s real joined a slide in emerging markets on Monday as policy makers intervened to weaken the currency and economists cut economic forecasts amid uncertainty on budget plans. The real weakened 0.5 percent to 3.2736 per dollar at 10:22 a.m. after the monetary authority placed 10,000 reverse currency swaps, equivalent to buying $500 million in the futures market. ...

  AFP The EU ordered Spain on Monday to recover 140 million euros ($150 million) in illegal state aid set aside for a high speed train test centre that Brussels said was unnecessary. The commission, the EU’s powerful executive arm, in 2015 launched a probe into the plans for the unique testing site mear Malaga where, if completed, trains could ...

  Bloomberg Canada stocks fell the highest level in a year, halting a three-day advance as commodities producers retreated with crude and gold. The S&P/TSX Composite Index lost 0.3 percent to 14,555 at 9:56 a.m. in Toronto. The benchmark is up 12 percent in 2016, making Canadian stocks more expensive than their U.S. peers, with a price-earnings ratio of 22.4 ...