Bloomberg Oil traded above $65 a barrel as global trade tensions showed signs of easing, countering concerns that US crude stockpiles may have resumed their expansion last week. Futures in New York rose 0.3 percent, remaining near the year’s highest close set in January at $66.14. A resurgence in risk appetite has helped lift markets from equities to commodities after ...

Bloomberg Xiaomi Corp. unveiled its latest top-tier smartphone to bring the fight to Apple and Samsung, as the Chinese startup readies a highly anticipated initial public offering. Co-founder Lei Jun showed off the MIX 2S, which starts at 3,299 yuan ($527). The phone—on paper— sports many of the bells and whistles familiar to power users but is about half the ...

Bloomberg HNA Group Co.’s scrapped initial public offering of its Swiss airline caterer dialed up the pressure for the embattled conglomerate as it seeks to raise about $16 billion during the first half of the year to reduce one of the biggest debt piles in corporate China. The IPO of Gategroup Holding AG would have raised between $917 million and ...