Bloomberg India’s rupee rallied the most in 1 1/2 years and stocks recovered after an official said the government may announce measures to support the currency after a planned review of the economy by Prime Minister Narendra Modi this weekend. The government is not ruling out an increase in interest rates, the official said in New Delhi. The rupee has ...

Bloomberg Russia has the capacity to set a new oil-production record, but won’t decide whether the market needs those additional supplies before a meeting later this month with its OPEC allies. The country could boost output by as much as 300,000 barrels a day in the medium-term, which would beat the post-Soviet record set in October 2016, Russian Energy Minister ...

HODEIDAH / WAM The joint Yemeni Resistance Forces, led by the al-‘Amalaqah Brigades (Arabic for Giants), have taken control of the Kilometre 10 area and have succeeded in cutting all the supply lines of the Houthi militia to the Kilometre 16 area in the province of Hodeidah. The Kilometrre 16 area is a key point on the route between Hodeidah ...