Bloomberg Venezuela’s Supreme Court said early Saturday that the country’s most renowned political prisoner, opposition leader Leopoldo Lopez, was transferred from military prison to house arrest after three years in jail. Lopez, who’s been serving an almost 14-year sentence for allegedly inciting violence in a wave of protests against President Nicolas Maduro, left the Ramo Verde facility outside Caracas, where ...

Bloomberg The trillion-dollar global shipping industry may soon be forced to curb greenhouse gas emissions under new rules backed by the European Union and China. Over 200 representatives convened this week at the International Maritime Organization, the United Nations shipping supervisor based in London, to discuss regulation that could turn their industry, currently responsible for as much as 3 percent ...

Bloomberg Oil prices declined for the week, as expanded US drilling activity and added production offset a larger-than-expected drop in stockpiles. Futures fell 3.9 percent, even after US data showed the nation’s crude stockpiles dropped by 6.3 million barrels, three times as much as expected. US drillers went back to adding rigs this week, after breaking a record streak of ...