Bloomberg The country that’s driven global oil demand since the turn of the century may hit the brakes sooner than expected as travellers shift towards electric cars or even forgo the open road in favor of trains. China’s oil consumption will peak in 2025, five to eight years earlier than market consensus, according to Morgan Stanley analysts including Andy Meng. …

Bloomberg US stocks bounced back from the worst week of the year, as the latest retail-sales data boosted confidence that the economy isn’t headed for a downturn. Treasuries slipped and the dollar held steady. The S&P 500 rose for the first time in six days, while the Nasdaq 100 jumped after Nvidia agreed to a deal and Apple was upgraded. …

Bloomberg Indian stocks rose, with the benchmark equity index climbing to a more than five-month high, after the election commission set a date range for national polls, and said the result will be unveiled on May 23. The S&P BSE Sensex advanced 1 percent to 37,054.10, its highest close since September 19. The gauge rose 1.7 percent last week for …