Argentina to Offer Bonds in First Step to Lift Currency Controls
Argentina is readying a new instrument to allow companies to send dividends abroad, a first step to lift a cobweb of restrictions in its foreign-exchange market.
Argentina is readying a new instrument to allow companies to send dividends abroad, a first step to lift a cobweb of restrictions in its foreign-exchange market.
China is preparing a United Nations General Assembly resolution that it says is intended to help close gaps between rich and developing countries in the advance of artificial intelligence, an initiative that follows an extensive and ambitious campaign by the US, its biggest AI competitor.
Copper miner Antofagasta Plc is holding meetings with investors this week for its first dollar bond offering in nearly two years, people familiar with the matter said.
Microsoft Corp.’s quarterly sales and profit climbed more than projected, lifted by corporate demand for the software maker’s cloud and artificial intelligence offerings.
The head of California’s largest utility, facing mounting scrutiny over surging power bills, said that trend is poised to stop and may soon reverse.
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