BLOOMBERG European stocks and US futures retreated, while the dollar rose to a one-month high and bonds fell as the market digested the latest comments from central bank officials pushing back against bets on aggressive interest rate cuts. The Stoxx Europe 600 index headed for a five-week low, with retailers and banks leading the decline. Futures on the S&P 500 ...

BLOOMBERG Shell Plc agreed to sell its Nigerian onshore oil business to a consortium of local companies for more than $1.3 billion. If approved by the government, the transaction would fulfill Shell’s long-term goal of extracting itself from a challenging operating environment in the Niger Delta region, while retaining a presence elsewhere in the country. Beyond the initial price tag, ...

BLOOMBERG A new Baltic Sea wind farm that will power more than 1.5 million Polish homes is getting turbines made with greener steel that will cut their carbon footprint. Denmark’s Vestas Wind Systems A/S, the world’s largest turbine maker, is partnering with ArcelorMittal SA to use recycled steel to build towers that blades spin on. They’ll be first installed in ...