Bloomberg The pace of North Sea oil-field shutdowns is picking up as the impact of the market slump is compounded by the uncertain investment environment created by Brexit. Projected spending on decommissioning in the British sector in the decade to 2024 has risen to 16.9 billion pounds ($22.4 billion), according to Oil & Gas U.K., an industry group. That’s ...

  Bloomberg The International Monetary Fund scrapped its forecast for a pickup in global growth this year, citing Britain’s vote to leave the European Union, and warned the damage could worsen if confidence falters among investors and companies. The IMF sees global gross domestic product rising 3.1 percent this year, down from April’s 3.2 percent projection and equal to growth ...

  Bloomberg Monsanto Co., the world’s largest seed company, said Bayer AG’s latest $55 billion takeover offer is “financially inadequate” and doesn’t ensure a deal would be completed. Monsanto also said in a statement on Tuesday that it’s still open to further “constructive conversations” with the German company and other parties about a deal. Bayer said on Thursday it upped ...