Bloomberg Iran hinted that it may soon drop its opposition to an oil-production freeze, with a senior official saying the OPEC member’s crude output is closing in on its pre-sanctions level and that limiting supply is “a political decision.” The Persian Gulf exporter is pumping 3.8 million barrels a day, approaching its daily target of 4 million barrels, Mohsen ...

  Emirates Business The Qatar Ministry of Culture and Sports has awarded the operation of two world-class arenas to ELAN Live Nation, a joint venture (JV) between ELAN Group, a diversified and fully integrated media and entertainment group in the Middle East, and Live Nation, the global leader in live entertainment. The JV will operate Lusail Multipurpose Arena in Lusail, ...

  Bloomberg Australia’s economy expanded at the fastest annual pace in four years, driven by a surge in public investment to build roads and railways and continued strength in resource exports. Gross domestic product rose 0.5% in the second quarter from the previous three months, when it grew by a downward revised 1%; economists estimated 0.6% gain. The economy expanded ...