Gold swung between gains and losses as investors weighed speculation the Federal Reserve will maintain its record stimulus against a continuing decline in investor assets. Prices headed for the best week in a month.
West Texas Intermediate crude headed for the biggest weekly drop in more than a month amid signs of rising U.S. fuel supplies and a global economic slowdown. Brent oil may fall below $95 a barrel, Bank of America Corp. said.
Coal’s worst slump in seven years has failed to deter GVK Group and Adani Enterprises Ltd. from pressing ahead with a $21 billion bet on Australia’s Galilee Basin as other companies shelve projects amid rising costs.
A Texas patent-licensing company that demands royalties from businesses for simply scanning a document was sued by Vermont in what the state said is the first such consumer-protection lawsuit in the U.S.
ComfortDelgro Corp., the biggest operator of taxis and buses in Singapore, plunged the most in more than a decade on the city’s stock exchange after its former largest shareholder sold part of its stake.
Crown Ltd., the casino company controlled by billionaire James Packer, hired UBS AG to sell its 10 percent stake in rival Echo Entertainment Group Ltd., according to three people familiar with the situation.