Argentine voters show a surprising taste for jam tomorrow
After sky-high inflation, currency crises and failed reform plans, the country was never going to find a quick fix
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Peltz and General Catalyst lodge $7bn bid for Janus Henderson
Take-private offer would ‘de-risk’ US asset manager that is ‘highly sensitive to capital market and geopolitical dynamics’
Gold falls below $4,000 an ounce as ‘froth’ taken out of market
Bullion has slumped 9% from recent peak in move welcomed as ‘healthy correction’
Argentine bonds and currency surge after victory for Javier Milei’s party
Investors bet that electoral endorsement will keep president’s market-friendly reforms on track
Private loan credit ratings may be ‘systematically’ inflated, warns BIS
Lack of transparency of debt popular with US insurers increases risk of ‘fire sales’, report says
Thousands of jobs at risk as Petrofac files for administration
Operations will continue while application for holding company of former FTSE 100 group proceeds