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Bloomberg China’s Communist Party is curbing the online activities of its 89 million members ahead of a leadership shake-up in a few months. The new rules made public on Tuesday said that all party cadres face punishment if they visit “illegal websites” or disclose party and state secrets online. Cadres need permission from the party before registering social media accounts ...

Bloomberg Venezuela’s most high-profile opposition figures were seized from their homes by security forces, according to people close to them, in what appeared to be a crackdown on officials challenging the government of President Nicolas Maduro. Opposition leader Leopoldo Lopez was taken from his home at gunpoint, his wife said, just weeks after he had been transferred from military prison ...

Bloomberg The US and UK embassies in Kenya offered to help investigate the murder of a key electoral official a week before the East African nation holds presidential elections. The body of Chris Msando, a systems development manager at the Independent Electoral & Boundaries Commission who went missing on the night of July 28, was found on Monday at a ...

Bloomberg US engagement in Afghanistan has deteriorated to a new low, with personnel hunkered down behind blast walls as President Donald Trump struggles to define a vision for the war-torn country almost 16 years after American forces first arrived. While Defense Secretary James Mattis told lawmakers in June that the US is “not winning in Afghanistan right now” — despite ...

Bloomberg BP Plc moved to calm investor concerns after debt rose to a record, saying lower oil-spill payments for the rest of the year and funds from asset sales will ease the burden. “This year debt is going up exactly in line with payments going out for Macondo,” Chief Financial Officer Brian Gilvary said on Tuesday by phone. “And it ...

Bloomberg Saudi Arabia plans to turn hundreds of kilometers of untouched Red Sea coastline into a global tourism destination governed by laws “on par with international standards,” as part of its goal to transform the economy and reduce its reliance on oil. The Red Sea project will cover 34,000 square kilometers — an area bigger than Belgium — between the ...

Bloomberg Oil held gains above $50 a barrel before US government data forecast to show crude stockpiles extended declines, trimming a glut. Futures rose as much as 0.5 percent in New York after climbing 9.6 percent the previous six sessions. Inventories probably fell by 3.3 million barrels last week for a fifth weekly drop, according to a Bloomberg survey before ...

Bloomberg With a multibillion-dollar nuclear project in South Carolina dead, the fate of America’s nuclear renaissance now rests on one utility: Southern Co. Scana Corp dropped plans for two reactors Monday, leaving the two that Southern is building at the Vogtle plant in Georgia as the only ones under construction in the US. And even they are under threat: The ...

SINGAPORE / Reuters Indian refiners are outperforming their competitors in South Korea and Thailand as they have ramped up output from new fuel and chemical capacities to meet rising domestic demand that could further lift their earnings over the next two years. Asia is adding net refining capacity of 360,000 barrels per day (bpd) this year, according to Wood Mackenzie, ...

Bloomberg Cheniere Energy Inc., the only company sending America’s shale gas overseas, has begun liquefying the fuel at a fourth plant, keeping the company on a track that will double its export capacity this year. The plant at Cheniere’s Sabine Pass complex in Louisiana is chilling and condensing gas into a liquid so it can be loaded onto tankers, a ...