Bloomberg Oil slumped as concerns over a global slowdown and weaker demand vied with a tightening supply outlook after Opec+ cut output. West Texas Intermediate traded near $90 a barrel, after earlier falling as much as 2.9%. JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said the US and global economies are likely to sink into recession next year, …

  Bloomberg When Mike Newman started to hear warnings earlier this year about delays at ports on the US West Coast because of labour negotiations, the threat of more supply-chain chaos “became the last straw for us.” So the chief executive officer of New York-based Returnity Innovations moved about two-thirds of his production of reusable shipping bags and boxes to …

Bloomberg Airbus SE jetliner handovers increased in September, while remaining short of the monthly average needed to reach an already downgraded year-end goal. The planemaker delivered 55 aircraft, up from 39 in August, it said, confirming a Bloomberg report. That takes net tally to 435, meaning it must ship an average 88 per month to hit the annual target of …