OGX Faces Looming Record Latin American Default

Oct. 1 (Bloomberg) -- Bloomberg News’ Juan Pablo Spinetto reports that Eike Batista’s OGX Petroleo & Gas Participacoes will miss a $45 million bond payment, moving the company to the brink of the biggest corporate default in Latin America. He speaks on Bloomberg Television’s “Market Makers.”

Draghi Says Firmly Convinced of Need for ECB Support
48:46 - European Central Bank President Mario Draghi spoke about the need for continued monetary policy support for the Euro Area. Draghi's comments came as part of a hearing at European Parliament in Brussels. (Source: Bloomberg)
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