Brazil’s worst drought in four decades is raising the specter of energy rationing, and boosting revenue for companies including Fibria Celulose SA and Cosan SA Industria & Comercio.
China plans to set up a system for insuring bank deposits this year as part of steps to reduce the government’s role in setting interest rates.
Bank of England officials knew of concerns the foreign-exchange market was being manipulated as early as July 2006, more than seven years before regulators opened formal probes into alleged rate-rigging.
Oceanografia SA bondholders took control of a 180-meter construction ship off the Gulf coast, claiming it as collateral after the Mexican oil-services company missed payments.
For $5 billion, J. Crew Group Inc.’s private-equity owners might be wise to sell the preppy clothing retailer to Uniqlo operator Fast Retailing Co.
Freezing temperatures gripping the eastern U.S. will result in the highest electricity prices in six years for consumers in Boston, Dallas and San Francisco.
Ukraine’s Eurobonds tumbled after the Finance Ministry said the country is ready to consider debt restructuring as it negotiates an international aid package and military tension with Russia simmers.
Tullett Prebon Plc was sued by a former employee investigated by U.K. prosecutors as a potential co-conspirator to alleged rigging of the London interbank offered rate.
Deutsche Bank AG and UBS AG grabbed the biggest share of global currencies trading last year as the top four dealers tightened their grip on the $5.3 trillion-a-day market, Greenwich Associates said.
Poland’s central bank left its benchmark interest rate at a record low for an eighth month as inflation stays in check even as economy accelerates.
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