Bloomberg The local unit of HSBC Holdings Plc is advising Saudi Arabia’s Public Pension Agency on the sale of its struggling financial hub to the country’s sovereign wealth fund, according to people familiar with the matter. The Public Investment Fund is offering to acquire the Riyadh district for less than the pension fund’s 30 billion riyals ($8 billion) investment, ...

  Bloomberg Goldman Sachs Group Inc. raised its oil-price forecast for early next year, while Russia, Iran and Iraq separately signaled optimism that producer nations will be able to reach a deal to limit output at OPEC’s next meeting on Nov. 30. Goldman is now “tactically bullish” on the likelihood of an OPEC agreement and expects oil prices in New ...

  Barcelona / AFP Barcelona’s leftwing city council charged three Spanish banks over a million euros in fines for keeping four apartments empty for more than two years. The city issued a fine of 315,000 euros ($335,000) for each of the empty apartments, which the banks have had on their books for over two years, and which they have refused ...