Bloomberg Algerian Energy Minister Noureddine Boutarfa’s shuttle diplomacy between Tehran, Moscow and Vienna before OPEC’s meeting on Wednesday underlines the North African nation’s desperation for a deal. The oil-market rout has seen Algeria burn through cash set aside during the boom years to plug a widening budget deficit. The country’s Revenue Regulation Fund, formerly one of Africa’s biggest state ...

  Bloomberg Samsung Electronics Co. didn’t quite come out and actually say it, but South Korea’s most valuable company is probably going to split as soon as next year. Samsung said on Tuesday it’s looking at a plan to turn itself into a holding company, and would have more to say on the issue at a later date. The idea ...

  Bloomberg Tiffany & Co. reported third-quarter profit that exceeded analysts’ estimates as demand improved in China and Japan, a sign that the worst of the global luxury market’s downturn may be over. Earnings were 76 cents a share in the period ended Oct. 31, the New York-based company said in a statement on Tuesday. Analysts projected 68 cents, on ...