Bloomberg Saudi Arabia’s sovereign wealth fund is considering a plan to inject up to $300 million into a troubled steel pipe factory co-owned by ArcelorMittal, according to people familiar with the matter. The Public Investment Fund is looking at doubling its stake in ArcelorMittal Tubular Products Jubail to 40 percent by buying new shares and converting debt to equity, the …

Bloomberg BP Plc has emerged as the front-runner to buy BHP Billiton Ltd.’s onshore oil and gas operations in the US, acco- rding to a person familiar with the matter. The London-based oil major has made the highest offer for the assets, which BHP prefers selling in a single package, said the person, who asked to not be identified because …

Bloomberg Thailand’s finance minister said the nation can refrain from raising its policy interest rate as the currency has weakened at a slower pace than peers and capital outflows are unlikely to pose a major risk. The baht’s recent drop will help boost incomes for the 30 million Thais in the farm sector, Apisak Tantivorawong said in an interview. The …