Bloomberg US equity-index futures fall and European stocks pared gains as traders braced for potential fallout from a wave of forced selling that rattled nerves and took the shine off a record Wall Street close. Oil slid after the ship blocking the Suez Canal was refloated. Contracts on the S&P 500 declined following revelations that Archegos Capital Management LLC — …

Bloomberg The massive selloff in US-listed shares of Chinese technology companies isn’t linked to their fundamentals and makes for a bigger buying opportunity, according to Citigroup Inc. The brokerage reiterated buy ratings on Baidu Inc., Tencent Music Entertainment Group and Vipshop Holdings Ltd. following what it called an “unfortunate dislocation” of their share prices. Gary Dugan, chief executive officer at …

Bloomberg Iraq is discussing a “giant” agreement with French oil giant Total SE to build large infrastructure installations, develop oil fields and produce gas, Oil Minister Ihsan Abdul Jabbar told Asharq News in an interview. The minister said he expected the contract to be finalised before July. The relationship with Total will be based on targeting low-carbon industry and capturing …