Vienna / AFP OPEC looks to be in a happier place with oil prices recovering, but its inability to agree an output ceiling to restrain the flow of crude betrays lingering divisions that could spell trouble ahead, analysts warn. Meeting in Vienna on Thursday, the Organization of the Petroleum Exporting Countries expressed confidence that the crisis of the past ...

  Bloomberg Policy makers should move beyond short-term budget and inflation targets that leave their economies exposed to longer-term debt bubbles like the ones hindering growth since the 2008 financial crisis, Bank of Canada Governor Stephen Poloz said. Central banks with inflation targets like Canada’s are finding that the benefits gained from short-term stability can create dangers in the background ...

  Bloomberg Sun International Ltd. headed for the biggest three-day gain in seven years in Johannesburg after the hotel operator won approval for the merger of its Latin American assets with Dreams SA. It’s poised for the largest gain since March 2009 in the three sessions after Sun International reported completing sign-off for the transaction from gambling regulators. Volume traded ...