Reuters Facebook Inc’s Instagram is bringing more than 30 advertisers into one of its fastest-growing features, Instagram Stories, in a bid to boost advertising revenue, the company said. The social media company will become a more important player in maintaining Facebook’s growth in advertising revenue in 2017. During the last two earnings calls, Facebook executives said they may soon …

  Bloomberg Saudi Arabia will consider renewing its pledge to cut crude output in six months and has already reduced production by more than its targeted level, Energy Minister Khalid Al-Falih said. The world’s biggest oil exporter agreed to cut 486,000 barrels a day from Jan. 1 for six months as part of a global deal to reduce output to …

    Bloomberg The future of internet in Israel may depend on allowing a reorganization of Bezeq Israeli Telecommunication Corp., despite concerns the move could undermine years of efforts to make the local market more competitive. “If we don’t move ahead with a national fiber-optic infrastructure, Israel’s internet will get stuck in another two or three years,” Regional Cooperation Minister …