Bloomberg Stripe Inc. raised new financing that values the startup at about $9 billion, cementing its status as a major player in the crowded digital payments space and heralding a possible initial public offering. CapitalG, the late-stage investment arm of Alphabet Inc., and venture capital firm General Catalyst Partners led the $150 million round, with participation from existing investors ...

  Bloomberg Goldman Sachs Group Inc. raised its oil-price forecast for early next year, while Russia, Iran and Iraq separately signaled optimism that producer nations will be able to reach a deal to limit output at OPEC’s next meeting on November 30. Goldman is now “tactically bullish” on the likelihood of an OPEC agreement and expects oil prices in New ...

  Bloomberg How do airlines make money? You might be tempted to answer, “by selling plane tickets.” But it’s rarely as simple as that. Take AirAsia Bhd., the Malaysian budget carrier that reported third-quarter results on Thursday. It’s become so dominant in Southeast Asia that rivals have started ganging up on it. Yet you have to go back as far ...