Bloomberg Oil’s rally is unraveling on fears over a rise in US production after crude’s best January in more than a decade. Futures in New York are extending declines for a second session as Baker Hughes data showed American explorers last week raised the number of rigs drilling for crude to the highest in almost six months. Short-sellers betting against ...

Bloomberg Nissan Motor Co. intends to spend 1 trillion yen ($9 billion) over five years in China as it vies to become the largest global electrified vehicle maker in the country. The Japanese carmaker aims to raise annual deliveries by 1 million units by 2022, with much of the growth coming from electrified models, Jun Seki, head of Nissan’s China ...

Bloomberg Lee Jae-yong is once again a free man following a surprise ruling on Monday from a Seoul court that suspended a prison sentence for bribery. Yet, for many in South Korea the Samsung heir’s victory is a setback to President Moon Jae-in’s pledge to curtail the power of the chaebol, the family-run businesses that have dominated the economy for ...