Bloomberg China’s crude stockpiles fell to the lowest level in almost a year amid a global drawdown in inventories that’s being driven by a tighter supply-demand balance and higher costs to hoard oil. Inventories capped a seventh weekly decline last week, dropping to 990 million barrels, according to market intelligence firm Kayrros. While that’s the least since February 2020, stockpiles ...

It took all of 15 seconds for Vice President Kamala Harris to render mostly irrelevant a data release that has long been considered one of the most important in the world. The latest read on the US labour market was disappointing, with nonfarm payrolls increasing by just 49,000 in January, falling short of the median estimate of a 105,000 gain ...

The lockdowns of the past year have tempted food delivery companies in the US and Europe to gorge. But they’re filling up on the equivalent of junk food — offerings that accelerate growth but have little nutritional value. Top of the list is grocery deliveries. Platforms such as Uber Eats and Deliveroo have capitalised on more people ordering groceries online ...