Oil prices rise on Nigerian outages, Goldman forecast
Oil prices jumped over 2 percent on Monday to their highest since October 2015 on growing Nigerian oil output disruptions and after long-time bear Goldman Sachs said the market had ended almost two years of oversupply and flipped to a deficit.
OPEC to Head for June Talks Without Plan for Supply Limits
There are currently no proposals on the table for OPEC to revive limits on crude output at its June meeting after the failure of talks to freeze production last month, according to six delegates from the group.
USA Today publisher Gannett makes unsolicited bid for Tribune
Gannett Co Inc, publisher of USA Today, said it offered to buy Tribune Publishing Co in a deal valued at about $815 million, including debt, but the owner of the Los Angeles Times and Chicago Tribune refused to begin "constructive" talks.
Kazakh Wealth Fund Eyes Tenge Debt, EBRD Loans as Economy Slumps
Kazakhstan’s sovereign wealth fund is weighing asset sales, loans from the European Bank for Reconstruction and Development and a move into local-currency borrowing as it seeks to reduce its $17.3 billion debt load.
China suspends G20 anti-corruption task force: sources
China suspended an international anti-corruption task force earlier this year after taking over the G20 presidency, according to six individuals in the group, who called it a setback to global efforts to crack down on shell companies used to conceal assets.