Oi Bondholders in Talks With Billionaire Sawiris for New Plan

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Oi Bondholders in Talks With Billionaire Sawiris for New Plan

… with a net worth of about $4.1 billion, according to the Bloomberg Billionaires Index. He has expressed interest for months in investing in Oi, saying
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Ciao Italia! Nationals Abroad Exceed Foreigners in Renzi Land

… even exceeding the number of foreigners living in Italy, according to Bloomberg calculations based on data from the Rome-based Foreign Ministry
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U.S. Loosens Iran Sanctions to Make Dollar Transactions Easier

The U.S. Treasury Department is loosening sanctions on Iran, relaxing rules on foreigners doing dollar-denominated transactions with businesses in
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Wall Street sees Fed rate hike by year-end after jobs data: Reuters poll

NEW YORK A solid U.S. jobs report for September reinforced expectations among Wall Street's top banks that the Federal Reserve would raise interest rates by the end of the year, according to a Reuters poll conducted on Friday.
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Citigroup to Sell Brazil Retail Unit to Itau for $220 Million

Itau Unibanco Holding SA, Latin America's largest bank by market value, agreed to buy Citigroup Inc.'s retail-banking business in Brazil for 710 million
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