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Oil steady after biggest gain in three weeks on fuel supply drop

  Bloomberg Oil traded near $41 a barrel after U.S. gasoline supplies fell the most since April, retreating from the highest seasonal level in at least two decades. Futures were little changed in New York after advancing as much as 1.4 percent earlier. Prices climbed 3.3 percent on Wednesday, the most in three weeks. Inventories of the motor fuel slid ...

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Iran says world powers must fulfill nuclear deal commitments

  TEHRAN / AP Iran’s President Hassan Rouhani said on Tuesday that world powers have not fulfilled their commitments under the landmark nuclear deal, harming Iranian economic growth. Speaking on state TV, Rouhani said that “if the other party had acted properly, we would be in a better situation today.” He said Iran still cannot access its foreign assets, although ...

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Indian biz leaders hail landmark tax reform

  NEW DELHI / AFP Indian business leaders on Thursday hailed the passage of a landmark tax reform bill that paves the way for a new national sales tax and the creation of a common market across the country for the first time. Lawmakers voted late on Wednesday in favour of introducing the long-awaited Goods and Services Tax (GST), which ...

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