Bloomberg Hugo Boss AG plunged to a nine-year low after the German suitmaker cut its full-year outlook on weakness in the US and Hong Kong, casting doubt on CEO Mark Langer’s turnaround efforts. The guidance reduction comes two months after the suitmaker previously lowered its outlook, citing weak sales to tourists and pricing pressure in the US Now the anti-Beijing …

Bloomberg China will at least double its spending on US agriculture as part of a partial trade accord between the two countries that’s likely to be well received by crop traders when markets reopen. Under terms of the arrangement, spending will scale to an annual figure of $40 billion to $50 billion over two years, Treasury Secretary Steven Mnuchin said. …

RIYADH / WAM An official spokesman for the Saudi General Directorate of Border Guards said that at 11:47 pm on Friday, an e-mail was received from Jeddah Radio containing a letter from the captain of Iranian vessel (Sabiti), reporting that the front of the vessel has been broken, resulting in an oil spill in the sea from the cargo and tanks …