Bloomberg If Democrats do “sweep” the November elections and increase capital gains taxes, it would be unlikely to cause more than a temporary slide in the US stock market, according to JPMorgan Chase & Co. Strategists and prediction markets are increasingly pricing in a “Blue Wave” where Democrat Joe Biden wins presidency and his party takes control of the Senate, …

Bloomberg Crude prices slid after oil workers in Norway called off a strike that had shut down about 8% of the country’s production. Futures in London and New York both fell over 1%. The settlement will restore production at six fields already shut down by the dispute and prevent an escalation to another six. It also averts the shutdown of …

Bloomberg The European Union (EU) wants to at least double the pace of renovation of homes and offices over the coming decade in a bid to save more energy and meet stricter climate goals under a sweeping green overhaul. The Renovation Wave strategy, to be unveiled by the European Commission on Wednesday, will outline steps needed to accelerate upgrades of …