International News

  Bloomberg Britons won’t have to worry about staying warm this winter and they have Norway to thank. Natural gas imports from Norway are expected to increase October through March by as much as 18 million cubic meters a day, or 15 percent, from a year earlier, according to a forecast released by U.K. gas system operator National Grid Plc. ...

  Bloomberg Romania’s only bout of deflation since the fall of communism eased for the first time in five months as the base effect of a sales-tax cut last year faded, while low oil and energy prices kept price growth subdued. Consumer prices fell 0.7% in June from a year earlier after declining 3.5 percent in May, the National Statistics ...

  Bloomberg Oil dropped after U.S. producers increased the number of active rigs to the highest in 12 weeks, raising speculation output declines that have trimmed a global glut may slow. Futures fell as much as 1.3 percent in New York after rising 0.6 percent on Friday. Rigs targeting crude in the U.S. rose by 10 to 351 last week, ...

  Bloomberg Over nearly 45 years, the oil tanks at Milford Haven on the U.K. west coast have stored dozens of crude varieties: from North Sea Brent to Nigeria’s Bonny Light and almost everything in between. Now, for the first time, they are holding U.S. crude too. Trafigura Group Pte. is using Milford Haven, which can hold about 9 million ...

  Bloomberg Mail service across Canada may stop on Monday if the government-owned postal carrier and unionized workers fail to resolve a dispute over pay and pensions. “Progress is being made” in negotiations between workers and Canada Post, Labor Minister MaryAnn Mihychuk said in a release. Mihychuk said she encouraged the parties to continue discussions beyond tomorrow’s 12:01 a.m. deadline, ...

  Bloomberg Morgan Stanley, which advised investors to bet on bonds before the U.K.’s vote to leave the European Union sent global debt markets surging, is cooling toward government securities. The bank revised its outlook after yields in the so-called Group of Four — the U.S., Japan, Germany and the U.K. — plunged to records last week. Morgan Stanley, one ...

  Cucuta, Colombia / AFP Thousands of Venezuelans poured across the border into Colombia on Sunday to buy essential goods during a brief opening of the border that’s been closed for nearly a year. After ordering the border closed last August for security reasons, Venezuelan President Nicolas Maduro authorized a maximum 12-hour opening of the pedestrian bridge that connects Tachira, ...

New Delhi / AFP Britain’s vote to leave the European Union and simmering discontent in other Western countries is seen as hastening the arrival of an “Asian Century”, analysts say, led by the rise of China and India. By 2050, Asia will account for over half the world’s GDP, almost double that of 2011, according to the Asian Development Bank, ...

  Bloomberg The European Union is in a political bind as it looks into the unprecedented step of slapping sanctions against Spain and Portugal for breaching budget-deficit limits. The European Commission is seeking the go-ahead from finance ministers to propose fines and a suspension of some EU regional-development funding after concluding that Spain and Portugal took inadequate steps to narrow ...

  Bloomberg Count tennis champion Serena Williams among those who have lost money in wake of last month’s Brexit vote. Williams beat Angelique Kerber 7-5, 6-3 in Saturday’s Wimbledon final, her 22nd major title, tied with Steffi Graf for most in the Open Era. The winner’s prize is worth $2.59 million when converted to U.S. dollars, about $380,000 less than ...