Bloomberg Tesla Inc’s ascent into the most exclusive of corporate clubs — the $1 trillion capitalisation set — has investors guessing on which company will be the next to join. The technology industry represents five of the six current members and may well be the spawning ground for the next. But there is competition. The commodity supercycle, the global push ...

Bloomberg Oil posted a monthly gain of 11% on signs that consumption is outpacing supply and draining stockpiles. Futures in New York rise 0.9%. Oil’s advance this month shows the impact of an ongoing shortage of natural gas, which has boosted demand for oil products. At the same time, rising margins signal that crude consumption will remain strong as refiners ...

ABU DHABI / WAM The presidents and chief executives of the Lebanese Business Councils (LBCs) in the Gulf Cooperation Council (GCC) have strongly condemned the statements made by the Lebanese Information Minister against the Saudi-led Coalition to Support the legitimacy in Yemen. In a joint statement issued on Saturday, they affirmed their rejection of turning Lebanon into a platform for ...