Bloomberg Spotify Ltd. is tiptoeing into new businesses again. The No. 1 paid music streaming service has agreed to promote podcasts in its app and via ads on buses. In return, the hosts of “Reply All,” “Pod Save America” and “The Bill Simmons Podcast” agreed to talk up Spotify on social media and during their shows that cover topics ranging …

Bloomberg Saudi Arabia is considering a flexible tax system for state-owned oil company Aramco that wo- uld increase royalty payments when crude prices rise, accor- ding to people familiar with the deliberations. Riyadh is mulling a proposal from Saudi Aramco to replace the current fixed royalty on revenues, the same people said, asking not to be named discussing government policies. …

Bloomberg Oil traded near $50 a barrel in New York as efforts by Venezuela’s president to seize more power raised speculation the US could step up sanctions. Futures were little changed after surging 8.6 percent last week. The US is said to be considering increasing sanctions against Venezuela’s oil industry, the Wall Street Journal reported, citing people familiar with the …