SINGAPORE — Oil prices slipped more than $2 on Monday as a flare-up in COVID-19 cases in Beijing quelled hopes for a rapid pick-up in China’s fuel demand, while worries about global inflation and economic growth further depressed the market. Read More
KUALA LUMPUR — Malaysian companies from palm oil plantations to semiconductor makers are refusing orders and forgoing billions in sales, hampered by a shortage of more than a million workers that threatens the country’s economic recovery. Read More
SINGAPORE — Chicago soybean futures gained ground on Monday, with the market rising for five out of six sessions and trading close to last week’s all-time high, supported by a U.S. forecast of lower inventories. Read More
SEOUL — South Korea’s exports for the first 10 days of June shrank 12.7% from the same period a year before, customs agency data showed on Monday. Read More
Ukraine remains in control of the Azot chemical plant in Sievierodonetsk where hundreds of civilians are sheltering amid bitter fighting, the region’s governor said on Saturday, after a Russia-backed separatist claimed 300 to 400 Ukrainian fighters were also trapped there. Read More
SANTA FE — The U.S. government will fund New Mexico’s full wildfire response, President Joe Biden said on Saturday, speaking from Santa Fe amid anger from survivors over the blaze that was started by federal officials. Read More
SANTA FE — The U.S. federal government will fund New Mexico’s full wildfire response, President Joe Biden said on Saturday speaking from Santa Fe amid anger from survivors over the blaze that was started by federal officials. Read More
OSLO — Norwegian oil workers and their employers have extended wage negotiations past a midnight deadline in a bid to avert a strike that could cut the country’s crude production, industry representatives said on Sunday. Read More
WASHINGTON — The United States late Friday rescinded a 17-month-old requirement that people arriving in the country by air test negative for COVID-19, a move that follows intense lobbying by airlines and the travel industry. Read More
LOS ANGELES — U.S. President Joe Biden and fellow leaders from the Western Hemisphere on Friday rolled out a new set of measures to confront the regional migration crisis, seeking to salvage an Americas summit roiled by division. Read More