Bloomberg Oil declined as Libya signalled the resumption of some crude exports, while surging coronavirus cases cloud the outlook for demand. Futures in New York drop 2.2% to near $40 a barrel. Libya is moving closer to reopening its battered oil industry after it told companies to resume production at some fields. This will add to already rising supply from …

Bloomberg LafargeHolcim Ltd, the world’s largest cement maker, pledged to step up efforts to cut CO2 emissions as the energy-consuming industry comes under pressure from environmental groups, lawmakers and investors. The plan includes accelerating the use of low-carbon alternatives in cement mixtures and operating its first net-zero plant by the end of the decade, the company said in a statement …

Bloomberg While flight shaming and the coronavirus pandemic have spurred airlines to hasten the retirement of their oldest, fuel-guzzling aircraft, not all those planes end up in boneyards in the desert. Many find a second life in the fleets of Amazon.com Inc and other cargo carriers. Amazon has been among the biggest lessors of converted Boeing Co 767s in the …