Bloomberg Representatives from about 40 companies are expected to accompany President Donald Trump on the first presidential trade mission to China from Nov 8-10 and sign deals for billions of dollars in US investments. One of the biggest deals the Trump administration is currently negotiating is a multibillion-dollar energy investment from Chinese oil and gas giant China Petroleum & Chemical …

Bloomberg Brent surged above $60 a barrel for the first time in more than two years amid enthusiasm that OPEC may extend its supply-restraint deal and indications that the situation between Iraq and the Kurds remains fragile. The global benchmark jumped to levels last seen in July 2015 and crude in New York closed near an eight-month high. Saudi Arabian …

RIYADH / Reuters The $500 billion mega-city planned by Saudi Arabia will be floated on financial markets alongside oil giant Saudi Aramco as part of the kingdom’s drive to diversify away from oil, the crown prince told Reuters in an interview. Crown Prince Mohammed bin Salman also said Aramco’s initial public offering is on track for next year and the …