Bloomberg Wal-Mart Stores Inc., working with two financial-technology startups, will allow its 1.5 million-strong US workforce to draw on their salary ahead of payday—or squirrel some of it away for a rainy day. The world’s biggest retailer has unveiled financial-planning tools designed by Even Responsible Finance Inc. and PayActiv Inc., a move that lets its employees access earned wages ahead ...

Abu Dhabi / Emirates Business The global oil storage market is set to become more competitive due to burgeoning investments by some of the key market players, according to Transparency Market Research (TMR). Various industry players are undertaking strategic collaborations including joint ventures, acquisitions, mergers and partnerships in order to establish a stronger market position. The stiffening competition in the ...

Bloomberg Egypt’s Eni SpA-operated Zohr natural gas field has started production, bringing the country closer to its goal of energy self-sufficiency. Gas from the Mediterranean’s largest offshore field is pumped to a facility in Port Said city, to be prepared for delivery to the national distribution network, with initial production of 350 million cubic feet per day, oil minister Tarek ...