Bloomberg Oil posted its first weekly increase since last month as rebounding equity markets eased concern about economic growth and a weakening dollar boosted the allure of commodities priced in the US currency. Futures in New York rose 0.6 percent and gained 4.2 percent this week. The greenback touched a three-year low earlier in the day before edging higher, though ...

Bloomberg China said proposed US tariffs on imported steel and aluminium products are groundless and that it reserves the right to retaliate if they are imposed. The US recommendations, unveiled by the Commerce Department, aren’t consistent with the facts, Wang Hejun, chief of the trade remedy and investigation bureau at China’s Ministry of Commerce, said in a statement posted on ...

Bloomberg HNA Group Co., the debt-laden Chinese conglomerate seeking buyers for real estate globally, sold a Manhattan office tower for at least $300 million, according to two people with knowledge of the deal. Northwood Investors LLC, a firm led by John Kukral, bought the 398,892-square-foot (37,058-square-meter) tower at 1180 Avenue of the Americas in Midtown, said the people, who asked ...