Bloomberg Business

A surprise cut in oil production from OPEC+ is now setting the stage for other producers to vie for markets in Asia.

The Federal Deposit Insurance Corp. plans to start marketing a $60 billion loan portfolio it retained in receivership following the collapse of Signature Bank in the coming months.

Rogers Communications Inc. has finally gained control of Shaw Communications Inc., emerging from two years of legal battles, family intrigue and government lobbying to complete one of Canada’s biggest-ever corporate takeovers. Chief Executive Officer Tony Staffieri doesn’t want to look back.

Good news for drought-weary state spells trouble for parts of deluged Central Valley where rivers likely will overflow in spring.

Treasuries rose as a gauge of US factory activity contracted by more than expected, tempering inflation concerns fueled by OPEC+’s surprise plan to cut oil production.

Fears of an economic downturn evoked by bank collapses have turned Wall Street’s attitude toward stocks the most negative in several years, according to Bank of America.

A senior politician pulled out of an event arranged by the Confederation of British Industry after the lobby group faced fresh allegations of sexual harassment, drug use and rape among its staff.

Energy stocks rallied Monday to achieve their best day in six months as OPEC+’s surprise production cut boosted the price of oil.

Brookfield Asset Management Ltd. has begun efforts to sell a 50% stake in one of the world’s largest wind farms, according to people familiar with the matter.

US Treasury Secretary Janet Yellen criticized the decision by OPEC+ oil producers over the weekend to cut output, saying it was “unconstructive” and would add to the uncertainty overhanging global growth.