Bloomberg The outlook for Oman’s banking sector was cut to negative by Moody’s Investors Service to reflect a reduction in the government’s ability to support the country’s banks, weaker economic growth and tightening liquidity. “We expect a softening in Oman’s operating environment, with fiscal consolidation amid prolonged oil price weakness weighing on economic growth,” Moody’s analyst Mik Kabeya said. “This …

Bloomberg Nobody doubts America will make good on its debts. Yet if Congress fails to lift the debt ceiling in time, what’s known as a “technical” default— one that merely delays interest and principal payments— would be on deck for the $14.1 trillion Treasury market, presenting a potentially dizzying array of complications. Bond-market industry groups aren’t waiting to see how …

Bloomberg Boeing Co. won a round in a long-running US trade dispute with the European Union over government backing for the planemaker and competitor Airbus SE. The World Trade Organisation’s appellate body overruled a lower-level finding that $8.7 billion in tax incentives awarded by Washington state to Chicago-based Boeing for the development of the 777X jetliner constituted the most serious …