Bloomberg McDonald’s Corp. workers at two restaurants in England have voted in favour of a strike, in what would be the first industrial action by staff of the American fast-food chain in the UK. Employees at one site in Crayford, near London, and a second in Cambridgeshire were balloted following a dispute over the use of zero-hour contracts and the ...

SINGAPORE / Reuters Freight rates for very large crude carriers (VLCCs) on Asian routes will remain under pressure for at least the next month, facing strong headwinds from a glut of tonnage, brokers said. “There are around 80 to 90 ships available for charter in the first 10 days in September – that’s about three ships for every cargo,” a ...

Bloomberg Libya’s getting better at resolving stoppages in its oil industry, underpinning a growing perception that the OPEC member is closer to becoming a stable producer again. That’s because of the duration of the incidents. While in prior years protests could shutter fields for months and years, now the stoppages are being resolved within days and barely hindering flows. Sharara, ...