America’s second shale boom is running out of steam. But don’t panic just yet, a third one may be coming over the horizon. The US Energy Information Administration published its latest short-term energy outlook last week and has cut its forecast of oil production by the end of 2020 for the fourth straight month. It now expects American output to ...

During the past 12 months Renault SA has looked more like a soap opera than a carmaker. The French company served up an ill-tempered denouement when it sacked Chief Executive Officer Thierry Bollore, who said he was the victim of a “coup.” Bollore only took the job in January after his predecessor Carlos Ghosn was arrested for alleged impropriety around ...

Donald Trump isn’t the only leader with a sense of drama. The timing of China’s announcement that it will remove foreign ownership caps on financial services firms next year is no accident. It arrives as the climactic day of trade talks is about to get under way in Washington, and presents a challenge to the US president’s efforts to limit ...