Bloomberg China’s economy will swiftly return to its potential growth rate and there’ll be significant improvement in the coming three months, a senior central bank official said on Sunday. “Economic indicators will likely show significant improvement in the second quarter and the Chinese economy will return to potential output level rather swiftly,” People’s Bank of China Deputy Governor Chen Yulu …

Bloomberg Coal companies want to suspend payments for mine cleanups. The trucking industry wants to waive rules that limit drivers’ daily hours. And oil producers want to put off a June 1 deadline to shift to summer-grade gasoline. A wide range of industries are pleading with federal agencies to waive environmental requirements and ease regulatory deadlines, arguing that the global …

Bloomberg One of the most painful busts in the history of crude oil happened just six years ago when a sharp price drop cost 200,000 roughnecks, almost half the entire workforce, their jobs. And now, the spread of the coronavirus coupled with an oil-price war between Russia and Saudi Arabia threatens to devastate the oil services industry and its workers …