Bloomberg As OPEC ministers gather in Vienna, they may notice more sport utility vehicles on the streets of the Austrian capital than on previous visits. Last year, SUVs outsold any other type of passenger vehicle in Europe for the first time, according to auto industry consultants JATO Dynamics. The trend has continued in 2016, with demand for SUVs such ...

  Bloomberg Treasuries have lost their edge over stocks as the U.S. economy expands enough to push the Federal Reserve toward raising interest rates. U.S. government securities stagnated for a second month in May, leaving them little changed for the second quarter. The S&P 500 Index of shares has returned 2.3 percent since the end of March, based on data ...

  Bloomberg Chilean retail sales rose at the fastest pace in two-and-a-half years in April as early rains and cold weather encouraged consumers to shop for winter clothes earlier than last year. Sales leaped 7.9 percent from the year earlier, the national statistics agency said on its website, compared with the 4.5 percent median forecast of 13 analysts surveyed by ...