TUNIS / Reuters Libya’s National Oil Corporation (NOC) is suffering ongoing delays in receiving budget money from the government and this could reduce production, the head of the state company said. Mustafa Sanalla made the comments after meeting the head of Al Jouf Oil Technology Company, who said the NOC subsidiary was suffering from financial problems that had delayed projects ...

Bloomberg Uber Technologies Inc. isn’t ready to give up the world. Dara Khosrowshahi, in his first trip to Asia since becoming chief executive officer, made it clear that the ride-hailing company isn’t about to scale back its business to just countries where it already has a strong market position. During his first stop in Japan, he said he’s willing to ...

Bloomberg ArcelorMittal and Russia’s state-controlled VTB Group have hit a fresh snag in their pursuit of Essar Steel India Ltd., an insolvent producer that could fetch at least $6 billion. Advisers evaluating the offers for Essar Steel are recommending that all the bids be disqualified, according to people with knowledge of the matter. A committee of Essar Steel lenders will ...