Venezuela’s credit rating was cut by Standard & Poor’s, which cited concern that division within President Nicolas Maduro’s administration may impair the government’s ability to shore up a sputtering economy.
Emerging-market stocks rose a second day, led by Russian shares, as investors awaited this week’s Federal Reserve policy meeting. Turkey’s lira slumped after riot police stepped up their crackdown on protesters.
Ford Motor Co.’s call today with Chief Financial Officer Bob Shanks on the No. 2 U.S. carmaker’s sustainability efforts showed that going green is falling into the laps of those who control purse strings at more of the world’s largest companies.
Cocaine seizures at Frankfurt airport have fallen by more than 50 percent in two years, providing an insight into the fallout that a ban on night flights has had at Europe’s third-busiest aviation hub.
South Korea, Australia and Iran hold Asia’s remaining soccer World Cup qualifying spots after wins in the next-to-last round of games. Argentina’s lead in South America’s group was cut after a tie at Ecuador, and in Europe, Armenia passed Denmark with a 4-0 win in Copenhagen.