Bloomberg This year has been one of moderate gains for the price of oil, but it has been bleak for producers. West Texas Intermediate crude is heading for an annual increase of more than 30%, but the best performance among the global oil majors has been Chevron Corp, which has posted a gain of just 10%. The S&P 500 Energy ...

Bloomberg Mexican stocks are set to underperform emerging market stars next year amid worries about domestic economic policy, sluggish growth and U.S. trade ties. Mexico’s benchmark IPC index is projected to rise 7% next year to 47,800, according to the median of seven analysts surveyed by Bloomberg. That growth would be in line with the gauge’s performance so far in ...

Bloomberg South Africa’s biggest labour group is proposing that more than half the debt of state-owned Eskom Holding SOC Ltd be put into a special purpose vehicle to help save the utility and avoid job cuts. The Congress of South African Trade Unions urged the government strike a deal with the Public Investment Corp, Africa’s biggest money manager, to help ...