Middle Eastern countries are experiencing setbacks in plans to expand their oil-refining capacity, dealing a blow to efforts to address an expensive irony: petroleum-rich nations importing products such as gasoline.
The New York Times has been experimenting with making its content available free across a multitude of platforms. It wants to boost its Web and mobile audience to help ad sales—but without undermining a steadily growing digital subscription business.
Global investment banks got a second-quarter revenue boost from a surge in Asian stock trading. But given China’s market volatility and stock declines in some other countries, those revenue gains may be hard to replicate.