IEA warns of further price spikes as global oil inventories fall at record pace
Iran war has cut into oil consumption but not enough to halt ‘rapid’ draw on inventories
Economic news
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Intertek set to agree £10.6bn takeover by private equity group EQT
Sweden-based buyout firm made ‘final’ offer of £60 a share for UK company
India more than doubles tariffs on gold imports
The government wants to curb non-essential imports to protect the rupee
MSCI removes 18 Indonesian stocks from global indices
Barito Renewables, Chandra Asri Pacific and Dian Swastatika Sentosa among those ejected
MUFG seeks to offload risk tied to $2bn of private credit loans
Japanese lender in talks over risk transfer as private capital industry is under strain