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LatAm oil exporters urge oil producers to help stabilize market

Quito / Reuters Latin America’s main oil exporters called on both OPEC and non-OPEC nations to take action to stabilize oil markets, in a timid statement that did not explicitly back an output freeze or offer more aggressive proposals to shore up slumping prices. Delegations from Colombia, Ecuador, Mexico and Venezuela met in Quito in the run-up to a meeting ...

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Canada dollar surges most in 3 weeks after hiring tops estimates in March

Bloomberg Canada’s dollar surged the most in three weeks after employers added more jobs in March than economists forecast, fanning speculation the Bank of Canada will refrain from cutting interest rates further. The loonie, as the Canadian dollar is known for the image of the aquatic bird on the C$1 coin, gained 1.2 percent to C$1.2988 per U.S. dollar at ...

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Argentina bondholders say nation reneging on deals

Bloomberg A group that holds defaulted Argentine bonds is seeking to block the nation from going forward with more than $6.2 billion in settlements until it gets paid. The investors, including Trinity Investments Limited, Attestor Value Master Fund and Bybrook Capital Master Fund, said the nation is claiming it doesn’t have to pay them if they waited too long to ...

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