South Africa’s Rand Merchant Bank, the investment banking arm of FirstRand Ltd., has been appointed as an adviser to help the government assess offers for…

Oil was steady near $43 a barrel after the International Energy Agency cut forecasts for global oil demand.

The International Energy Agency cut forecasts for global oil demand as air travel suffers from the coronavirus crisis even more than previously expected.

India’s state-owned oil majors have stopped hiring Chinese tankers to ship their crude and petroleum products after relations deteriorated between the two countries, although the…

The rebound in South Korea’s technology exports accelerated in July, illustrating the pace of recovery in global demand as countries emerge from pandemic-induced lockdowns.

Southwest Airlines Co. is heading for its first annual loss in 48 years because of the coronavirus pandemic, the carrier’s top executive said.

For this week, total U.S. weekly rail traffic was 497,397 carloads and intermodal units, down 6.7 percent compared with the same week last year.