Bloomberg Brazil’s market for distressed consumer and small-business debt will increase about 9 percent this year as the nation’s worst recession in a century drives banks to sell assets, according to estimates by one of the biggest investors in the securities. Banks will unload portfolios of non-performing loans with a face value of about 25 billion reais ($7 billion) ...

  Bloomberg Environmental officials worked to contain a small sheen of oil on the Columbia River after a Union Pacific Corp. train carrying a load of Bakken crude derailed near Mosier, Oregon, according to the company. Access to the site remains limited as the train continues to cool off following a fire that broke out after Friday’s accident, the Federal ...

  AFP Mayra de Ramos stood in line all day to buy two packs of corn flour and pasta, but the Venezuelan grandmother says it won’t be enough. She lives with her three children and three young grandchildren in Catia, a downtrodden neighborhood in Caracas. “My refrigerator is bare,” the 64-year-old pensioner says, showing its empty shelves. “We don’t eat ...