Bloomberg Oil plunged more than 6% in London after Reuters reported Saudi Arabia is close to restoring 70% of the oil production lost after this weekend’s attack. Brent crude dropped as low as $64.48 per barrel on the report, which cited an unidentified Saudi source saying it would return to full production in the next two to three weeks. Saudi …

Bloomberg Singapore real estate investment trusts are on a money-raising spree. Lendlease Global Commercial REIT began taking investor orders on Tuesday for an initial public offering that could raise as much as S$740.3 million ($538 million) in what would be Singapore’s third-largest IPO this year. REITs have raised $1.63 billion in Singapore IPOs so far this year, the highest since …

Bloomberg Facebook Inc is once again defending Libra — this time against fears that the envisioned cryptocurrency could replace sovereign currencies from the US dollar to the Euro and threaten central banks’ control over money creation. David Marcus, the executive leading the project, posted a series of tweets the same day members of the Libra Association met with regulators convened …