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Treasuries rally intact as global woes outweigh US job gains

Bloomberg Benchmark Treasuries logged their best week since January even as data pointed to U.S. job-market strength. The rally shows traders are betting the Federal Reserve is focusing more on the struggling global economy than on data back home, according to Aaron Kohli of BMO Capital Markets. Treasuries are off to their best annual start since 2008 as slowing economies ...

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Petrobras offers voluntary dismissal plan to save billions

Bloomberg Brazil’s state-controlled oil company is offering employees a voluntary dismissal plan as part of an effort to deepen spending cuts to withstand the worst oil market in a generation. Petrobras expects 12,000 employees to quit under the program at a cost of 4.4 billion reais ($1.2 billion), it said in a statement. The staff reductions will save the company ...

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Argentina said to revise nuclear pact with China to favour USA

Bloomberg The Argentine government is asking China to revise a nuclear reactor accord signed by the previous administration as it seeks uranium providers from the U.S. ahead of resuming output, two people with knowledge of the situation said. China is open to amending dam and nuclear energy contracts that it signed with the previous Argentine government administration, La Nacion reported. ...

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