Commodities

Car sales in Europe are flatlining, leading manufacturers including Ford Motor Co. and Volkswagen AG to push for cost cuts in response to muted demand.

Chinese Premier Li Qiang is expected to meet with top foreign executives on Monday ahead of a supply chain expo in Beijing, just as companies brace for Donald Trump’s threat to hike tariffs on Chinese goods.

US prosecutors have charged billionaire tycoon Gautam Adani with involvement in a plan to pay more than $250 million in bribes to government officials in India for solar energy contracts, a move that stands to further roil his ports-to-power conglomerate. Here are some of the highlights from the 54-page indictment.

Chris Ellison, the managing director and founder of Mineral Resources Ltd., told shareholders that he deeply regretted actions that have been revealed in recent weeks, including not paying personal tax.

Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at:

As the worst air pollution in years descended on India’s capital this week, the country’s health minister was not in New Delhi coordinating a response. Instead, he was 800 miles away, campaigning in a state election.

Marine issues are receiving little attention at the United Nations conference, so ocean activists are aiming to include measures in countries’ official green targets.

Saudi Arabian Oil Co. plans to take on more debt and will focus on “value and growth” for its dividend, the company’s finance chief said.

Iceland is facing its seventh volcanic eruption in less than a year as lava is again gushing from the ground near a devastated southwestern fishing town.

Dollar-denominated notes issued by the Adani Group fell as much as 10 cents on the dollar Thursday after US prosecutors charged Gautam Adani, the group founder with participating in an alleged bribe plot.

Blackstone Inc. invested more than $500 million in Lancium Inc., which is building more than 5 gigawatts of data centers in West Texas with an eye on supplying the booming energy demand for artificial intelligence applications, according to people familiar with the matter.

The UK is ramping up support for electric heat pumps, a key technology to cut the country’s dependence on natural gas to keep homes warm during winter.

Oil steadied as US crude stockpiles expanded for a third week, with traders monitoring an escalation of the war in Ukraine.

Hours before US prosecutors charged Gautam Adani with participating in a bribery scheme, a unit of the billionaire’s conglomerate tapped the US corporate bond market for a $600 million offering that was more than three times oversubscribed.

Six powerful storms late in the season that ravaged crops and drenched vast areas of the Philippines have put the nation on track for record rice imports and raised concerns over elevated food inflation.