Bloomberg India’s rupee declined the most in two weeks, and stocks fell as investors were unimpressed by the government’s economic stimulus package. The rupee weakened as much as 0.5% in the third day of declines. The S&P BSE Sensex of stocks slid 2.8% at 2:50 pm in Mumbai, while the NSE Nifty 50 Index slipped by a similar magnitude. Both …

Bloomberg The government of Nigeria, whose revenue could be slashed by more than half this year due to the oil-price slump, finalised plans for a revised budget that keeps spending almost intact, and that will mean more borrowing. Finance Minister Zainab Ahmed got approval from the West African’s nation’s cabinet to go ahead with the new budget that cuts expenditure …

Bloomberg In brokering the end to the global oil-price war last month, the Trump administration assured leaders that America’s shale patch would throttle back production. But few expected that the cuts would run this deep — and happen so quickly. Drillers are laying down rigs and shutting in wells at a frantic pace in response to the plunge in oil …