Bloomberg Transnational Corp. of Nigeria Plc suspended plans to build one of the nation’s biggest power plants as a local gas shortage makes it difficult to obtain fuel and a downturn in Africa’s largest economy hinders efforts to raise funds for the project. The company in 2014 said it would raise $1 billion to build a 1,000-megawatt gas-fired facility. ...

  Bloomberg Oil traded near $41 a barrel after U.S. gasoline supplies fell the most since April, retreating from the highest seasonal level in at least two decades. Futures were little changed in New York after advancing as much as 1.4 percent earlier. Prices climbed 3.3 percent on Wednesday, the most in three weeks. Inventories of the motor fuel slid ...

  TEHRAN / AP Iran’s President Hassan Rouhani said on Tuesday that world powers have not fulfilled their commitments under the landmark nuclear deal, harming Iranian economic growth. Speaking on state TV, Rouhani said that “if the other party had acted properly, we would be in a better situation today.” He said Iran still cannot access its foreign assets, although ...