Investors Grow Wary of Emerging-Market Debt

Investors Grow Wary of Emerging-Market Debt Fear of defaults grows as developing economies slow and dollar has climbed As the U.S. Federal Reserve prepares to increase interest rates, the dollar has surged, raising concerns about the debt of some emerging-market companies that borrowed in dollars. PHOTO: ANDREW HARRER/BLOOMBERG NEWS By CAROLYN CUI/WSJ April 19, 2015 3:58 p.m. ET... Continue Reading →

Petrobras and improving policy outlook help Brazil’s markets

http://www.ft.com/cms/s/0/214aec34-e72d-11e4-a01c-00144feab7de.html#ixzz3XqKpxCY8 April 20, 2015 9:09 am Petrobras and improving policy outlook help Brazil’s markets Joe Leahy in São Paulo ©Getty At the construction site of a wing of the prestigious Sirio-Libanes Hospital in São Paulo, a security guard recalls how workers from the Schahin industrial group suddenly left the project 15 days ago. The Brazilian... Continue Reading →

Petrobras shares rise as company prepares to end results delay

http://www.ft.com/cms/s/0/ac956eba-e56e-11e4-a02d-00144feab7de.html#ixzz3XmmUP5O7 April 19, 2015 3:04 pm Petrobras shares rise as company prepares to end results delay Joe Leahy and Samantha Pearson in São Paulo ©Getty Investor optimism is rising that Brazil’s embattled state-owned oil company Petrobras will emerge from a crippling corruption scandal without defaulting on its $137bn in debt. Shares of the state-owned oil company company... Continue Reading →

Halliburton’s Dimming Expectations

Halliburton’s Dimming Expectations Although the Halliburton-Baker Hughes deal looks different months later, it still makes sense. Baker Hughes, which Halliburton is buying, recently said it would stop publishing its closely watched North American well-count report in a cost-cutting measure. Baker Hughes, which Halliburton is buying, recently said it would stop publishing its closely watched North... Continue Reading →

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