Bloomberg Business

Sudan Ex-Warlord Rebuffs Cease-Fire as Conflict Escalates

The Sudanese paramilitary group battling the army for control of the North African nation ruled out a cease-fire as diplomats struggled to halt fighting that threaten to erupt into a full-blown civil war.

IMF Says Saudi Budget to Win From OPEC Cuts With Oil Price Boost

Saudi Arabia’s budget will more than make up for a production cut announced by the kingdom with OPEC and its allies, according to the International Monetary Fund, as it reels in more revenue thanks to higher crude prices and keeps spending in check.

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