LONDON / Reuters Oil exports from southern Iraq have fallen by 70,000 barrels per day (bpd) this month, according to shipping data and an industry source, suggesting OPEC’s second-largest producer is heading for a third month of lower shipments. Southern Iraqi exports in the first 21 days of March averaged about 3.36 million bpd, compared to 3.43 million bpd in ...

Bloomberg Tata Steel Ltd. offered 350 billion rupees ($5.3 billion) to lenders to acquire bankrupt Bhushan Steel Ltd., said a person with knowledge of the matter. Mumbai-based Tata Steel offered an all-cash deal to the creditors, the person said, asking not to be identified because the details aren’t public. The lenders declared the steelmaker’s bid successful, subject to the company ...

Bloomberg Nissan Motor Co. is slowing production at several assembly plants to keep the supply of vehicles on US dealers’ lots in check after being caught off guard by weaker consumer demand. Japan’s second-largest automaker is aiming to have a 50- to 60-day supply of cars and trucks in August, when dealers start transitioning to sell 2019 model-year vehicles, said ...