Oil Prices Have Topped $80. But Don’t Expect a Spending Bonanza from Shale Drillers
Shale companies are on track to spend a little more money pumping oil next year, but most aren’t opening up...
Commodity Markets
Iraqi Lawmakers Call for Probe Into GE, Siemens Electricity Contracts
Members of an Iraqi parliamentary commission are calling for an investigation into large power-generation contracts struck with General Electric Co....
Summer Road Trips, Falling Crude Prices Pump Up Refiners’ Profits
Summer road trips and a pullback in crude prices have pumped up refineries’ profits, offering brighter prospects for one part...
A Gold Mine Takeover Highlights Increasing Mining-Sector Risk
Canada’s Centerra Gold Inc. invested more than $3 billion over nearly three decades to turn a remote gold prospect in...
Starbucks, Facing Higher Costs, Pushes Upscale Coffee
Starbucks Corp. said higher labor and supply costs are likely to linger for months, adding that it is promoting higher-end...
The World’s Biggest Miner Picks Profit Over Production
SYDNEY— BHP Group Ltd. BHP -2.74% ’s chief executive earlier this year reminded investors that mining companies that bet big...
How China Is Helping to Damp Global Inflation
HONG KONG—As China’s factory-gate prices soared this year, investors worried the country would become a new source of inflation for...
