Bloomberg BP Plc and Eni SpA could re-start work on a project in Libya in the first quarter, setting the stage for the OPEC member to boost production by “hundreds of thousands of barrels” a day, the head of the country’s state oil company said. Crude production in the North African nation is averaging “well above 1 million barrels a ...

Bloomberg Tech shares pushed the Nasdaq Composite Index higher, while the broader US equity market was mostly little changed in the wake of a rally in Asian stocks after Chinese officials pledged to support the world’s second-biggest economy. The dollar strengthened, while the pound slumped and Italian bonds gave back most of their gains. In China, the Shanghai Composite Index ...

Bloomberg There’s a lot of chatter about a global rotation into value stocks, but the data doesn’t quite back it up. During this month’s market sell-off, the MSCI World Value Index outperformed growth stocks, fueling speculation about a switch into cheaper equities. Yet EPFR Global’s fund flow data show that in the week that ended October 17, which included the ...