Bloomberg Croatia plans to narrow 2016 budget deficit using increased government revenue fueled by economic expansion and by cutting technical expenditures and benefits, according to the budget proposal submitted by the cabinet. The budget deficit is forecast to narrow to “within” 3 percent of gross domestic product this year, Finance Minister Zdravko Maric told the cabinet in Zagreb on Thursday, ...

Bloomberg President Barack Obama and Canadian Prime Minister Justin Trudeau announced steps to limit methane emissions from existing oil and natural gas wells, a move intended to underscore their commitment to combat climate change. Canada and the U.S. are agreeing to reduce methane emissions from oil and gas by as much as 45 percent below 2012 amounts by 2025, according ...

Bloomberg Mexican state-owned oil producer Petroleos Mexicanos has fully revoked a truck-leasing contract that was 63 percent more expensive than a prior agreement, according to a company document. The deal, assigned on Dec. 23 to companies including Integra Arrenda SA, included the leasing of 2,252 6-cylinder 2015-model pickups for an average of 534 pesos a day per vehicle. That compared ...