Bloomberg Oil supply and demand could come back into balance earlier than expected next year if OPEC’s agreement to curb output is implemented, the International Energy Agency said. “Our supply-demand outlook suggests that the market — if left to its own devices — may remain in oversupply through the first half of next year,” the IEA said Tuesday. “If ...

  Bloomberg Oil fell from a 15-month high amid uncertainty over whether Russia would join an OPEC deal to curb supply. Futures fell as much as 1.4 percent in New York after climbing 3.1 percent Monday. Russia’s biggest producer Rosneft PJSC said it won’t reduce output, according to Reuters, after President Vladimir Putin said his country is willing to join ...

  Bloomberg Russia and Turkey agreed to build a natural-gas pipeline under the Black Sea that could be up and running by the end of 2019, capitalizing on a recent improvement in relations between the two nations. Approval for Turkish Stream — a dual pipeline project consisting of one link serving the Turkish market and another one possibly to southern ...

  Reuters The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) plans to finalize several new standards by the end of the year, as the standard-setting body works through a revamp of its guidance for the $2 trillion industry. Bahrain-based AAOIFI has published a draft sharia standard for gold-based products with a one month consultation period ending Nov. 9, ...

  Reuters A joint venture of HaskoningDHV UK and Hyundai Engineering & Construction Co has been awarded a contract to design the infrastructure for the Ras Al Khair maritime yard in Saudi Arabia, a statement from the firms said on Tuesday. The duo, based in the Netherlands and South Korea, have been awarded the front-end engineering design contract, with the ...

  Bloomberg Five months after shaking hands with Apple Inc., retailer Kohl’s Corp. is starting to compete with the tech giant’s mobile-payment service Apple Pay. For Apple, the market leader of in-store mobile payments, moves like Kohl’s are becoming increasingly familiar. Over the summer, Wal-Mart Stores Inc. rolled out its own mobile-payment service nationwide and pharmacy chain CVS Health Corp. ...

  Relaxnews Microsoft is to hold a major conference showcasing the future of Windows 10 in New York, on October 26, which fans can follow live online. One year after revealing its first laptop PC — a rival for Apple’s MacBook Pro — Microsoft could be set to cause a sensation in 2016 with an iMac-style all-in-one PC codenamed “Surface ...

  Bloomberg Google just debuted a digital assistant, which it hopes to place inside smartphones, watches, cars and every other imaginable internet-connected device. It’s already hit a snag. The Alphabet Inc. division launched new smartphones last week with the artificially intelligent assistant deeply embedded. It also rolled out a speaker with the feature at its core and announced plans to ...

  DETROIT /AP Hyundai and BMW customers are the most satisfied with their in-vehicle technology, but those brands and others still need to work on educating drivers about what their cars can do, according to a new survey by the market research company J.D. Power and Associates. The inaugural study asked owners about their experiences after 90 days owning 2016 ...

  Mexico City / DPA Whether it’s guacamole, smashed on toast or in a salad, avocados are appearing on menus around the world from Melbourne to Berlin. Trendy food blogs post recipes for apple and avocado smoothies, avocado soup with pancetta, even avocado and white chocolate ice cream. Hollywood actress Gwyneth Paltrow included three recipes for avocado toast in her ...