Bloomberg Total SA said it has opened up a new “world-class” oil and gas province off the coast of South Africa after making a significant gas-condensate discovery there. Success in the nation’s first deep-water well is a potential boon for a country that imports most of its oil, processing the remainder of its fuels from coal and natural gas. “We ...

Bloomberg Brexit is driving companies out of the UK, and the Netherlands is raking in the corporate refugees. About 250 companies are in talks with the Netherlands Foreign Investment Agency to potentially relocate activities to the country, according to a statement. The candidates would join 42 companies that made the move last year, and the 18 early birds in 2017. ...

Bloomberg The European Commission slashed its growth forecasts for all the euro region’s major economies from Germany to Italy and warned that Brexit and the slowdown in China threaten to make the outlook even worse. The European Union’s executive arm delivered a downbeat report that shaved a whole percentage point off its 2019 projection for Italy, now seen with minimal ...