Bloomberg Oil dropped as US stockpiles were forecast to have expanded for a fourth week, raising questions about OPEC’s success in draining a global oversupply. Crude in New York lost as much as 1.4 percent. Inventories in America rose by 3 million barrels last week, according to a Bloomberg survey. Oil has struggled to regain January’s highs as equities remain ...

Bloomberg General Motors Co. has offered a $2.8 billion new investment plan for its South Korean business after threatening to exit the country amid mounting losses, a lawmaker from the nation’s ruling party said. The investment, being proposed for the next 10 years in South Korea, is needed to produce new models, for research and development, to renovate facilities and ...

Bloomberg Nissan Motor Co. may get a boost from a deepening relationship with Japan’s biggest trading house as access to battery materials becomes a priority amid the industry’s push into electric vehicles. Mitsubishi Corp. said it plans to double its stake in Mitsubishi Motors Corp., of which Nissan is the biggest shareholder. The trading company, which also owns mining assets, ...