Russia-OPEC Deal Extension Hastens Decline of Oil Heartlands

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Russia-OPEC Deal Extension Hastens Decline of Oil Heartlands

Russia's deal with OPEC has bolstered state coffers by putting a floor under crude prices, but it's also had one unintended consequence: depressing output in the nation's West Siberian oil heartlands.
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Here's why China's yuan spiked higher despite weak Caixin PMI data

China's yuan climbed to its highest levels since late last year, despite weak Caixin PMI data, as authorities appeared to tinker with the daily fixing mechanism.
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Singapore Airlines adds Stockholm as second Scandinavian city in route network

The new route is being served with the latest-generation aircraft, the Airbus A350-900. The first service to Stockholm departed Singapore Changi Airport at 0033hrs local time on 30 May and arrived at Stockholm's Arlanda Airport at 0859hrs local time …
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Auto Sales Soften as Fleet Buyers Pad May Totals

… in May as U.S. consumers bought fewer automobiles. Bloomberg's David Welch reports on “Bloomberg Daybreak: Americas.” (Source: Bloomberg)
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Balance of Power: Trump Cliffhanger

U.K. poll pendulum | A day after a shock YouGov projection showed Prime Minister Theresa May's majority wiped out, Bloomberg spoke to six top
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