Bloomberg In brokering the end to the global oil-price war last month, the Trump administration assured leaders that America’s shale patch would throttle back production. But few expected that the cuts would run this deep — and happen so quickly. Drillers are laying down rigs and shutting in wells at a frantic pace in response to the plunge in oil …

Bloomberg Mexico has fast-tracked measures granting more authority to the state utility at the expense of clean energy companies, ignoring regulator and industry concerns over the economic and environmental impacts of the new measures. The proposal by the Energy Ministry was approved and published in Mexico’s official gazette. It comes after the National Commission for Regulatory Improvement, known as Conamer, …

Bloomberg Banks in Asia’s financial hubs such as HSBC Holdings Plc and Citigroup Inc. are finding that the disruption from the coronavirus outbreak is helping them push back on a threat from a new breed of virtual upstarts. With branches shut, customers social distancing and fearful of tainted cash, the brick-and-mortar giants are seeing a surge in demand for digital …