Bloomberg Mexican consumer companies from Wal-Mart de Mexico SAB to El Puerto de Liverpool SAB may see sales flag when the country raises gasoline prices by as much as 20 percent in January. Retailers may be the most affected by the jump in prices, which risks eroding consumer sentiment and purchasing power amid a weakening peso that has already ...

  Bloomberg Oil climbed to an 18-month high in New York as output cuts by Kuwait and Oman signaled OPEC and its partners are delivering on their agreement to stabilize the market. Futures rose as much as 2.8 percent after adding 45 percent last year, the biggest annual gain since 2009. Officials from Oman and Kuwait told local media they’re ...

  Bloomberg Singapore’s economic growth quickened to the fastest pace in more than three years last quarter as manufacturing and services rebounded. Gross domestic product rose an annualized 9.1 percent in the three months to December from the previous quarter, when it declined a revised 1.9 percent, the trade ministry said in a statement on Tuesday. The median estimate of ...