Bloomberg Lululemon Athletica Inc reported an acceleration of sales growth in the latest quarter, but refrained from offering an outlook for the current year because of the uncertainty caused by the coronavirus outbreak. The Vancouver-based retailer, which has closed many locations amid the health crisis, said the key metric of comparable sales, a gauge of retail success, accelerated to 20% …

Bloomberg The global oil market is broken, overwhelmed by an unmanageable surplus as virus lockdowns cascade through the world’s largest economies. Onshore tanks in many markets are full, forcing traders to store excess oil in idle supertankers. Refineries are starting to shut down because nobody needs the fuels they produce. In physical oil markets, barrels are already changing hands for …

RIYADH / WAM The Kingdom of Saudi Arabia announced on Sunday that it will extend the suspension of workplace attendance in both public and private sectors and international passenger flights among efforts to contain the spread of the coronavirus. In a statement issued by an official source at the Ministry of Interior, all domestic flights, trains, buses and taxis also …