Bloomberg Argentina’s credit rating was raised to B- from selective default by S&P Global Ratings, which cited the country’s payment on Thursday of $2.7 billion of past-due interest on bonds in default since July 2014. The outlook on the South American country’s rating is stable, S&PGR said in a statement. The ranking is five levels below investment grade and ...

  Bloomberg Monsanto Co. may have to wait months to gain approval in Argentina for a patent on its latest genetically modified soybean technology, another setback for the world’s largest seed company in its years-long quest to collect royalty payments from the country’s farmers. Monsanto’s Intacta soybean seed still lacks full patent approval from the Argentine regulator, Argentina’s Science and ...

  Bloomberg President Barack Obama touted a new rule from his administration that’s aimed at making it harder for people to hide money in the U.S. — but it came under quick criticism from a group of organizations pushing for greater financial transparency. Parts of the rule, which will require financial institutions to identify account holders hidden behind shell companies, ...