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Libya’s Haftar forces seize ship with Turkish crew

Bloomberg Libyan military commander Khalifa Haftar’s forces said they seized a ship with a Turkish crew, hours after Turkey’s parliament approved a defense pact in support of his rival in the North African country’s civil war. The Grenada-flagged vessel has been led to Ras Al Hilal port where it will have its cargo checked, according to a statement posted on ...

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The great decoupling of energy stocks from oil creates carnage

Bloomberg This year has been one of moderate gains for the price of oil, but it has been bleak for producers. West Texas Intermediate crude is heading for an annual increase of more than 30%, but the best performance among the global oil majors has been Chevron Corp, which has posted a gain of just 10%. The S&P 500 Energy ...

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Mexican stocks to lag Latam peers next year amid sluggish growth

Bloomberg Mexican stocks are set to underperform emerging market stars next year amid worries about domestic economic policy, sluggish growth and U.S. trade ties. Mexico’s benchmark IPC index is projected to rise 7% next year to 47,800, according to the median of seven analysts surveyed by Bloomberg. That growth would be in line with the gauge’s performance so far in ...

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