Bloomberg Congolese opposition leader Moise Katumbi was twice refused permission to return home to register for the December presidential election, his campaign team said. The government rejected the allegations. Katumbi, in self-imposed exile since May 2016, had planned to fly to Lubumbashi, his home town in southeast Democratic Republic of Congo, on August 3 but his jet was denied permission ...

Bloomberg The Trump administration’s plan to relax fuel-economy and vehicle pollution standards could be a boon to US oil producers who’ve quietly lobbied for the measure. The proposal would translate into an additional 500,000 barrels of US oil demand per day by the early 2030s, about 2 to 3 percent of projected consumption, according to government calculations. “It’s a increase ...

Bloomberg Saudi billionaire Prince Alwaleed Bin Talal has invested 1 billion riyals ($267 million) into music streaming company Deezer, his first deal since being detained last year in a government crackdown on corruption. The prince’s Kingdom Holding Co. investment vehicle and his media company Rotana Group have bought new shares in Deezer, according to a statement from Alwaleed’s office. Deezer ...