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Rich countries agreed on Friday to try to cap the global price of Russian oil, while Russia delayed the re-opening of its main gas pipeline to Germany, as both sides raised the stakes in an energy war between Moscow and the West over Ukraine. Russia’s state-controlled energy giant Gazprom blamed …

U.S. employers hired more workers than expected in August, but moderate wage growth and a rise in the unemployment rate to 3.7% suggested the labor market was starting to loosen, raising cautious optimism that the Federal Reserve could slow the economy without triggering a recession. The Labor Department’s closely watched …

The British government is set to release data showing around 1.1 billion pounds of small business loans ($1.27 billion) made under a Covid-19 emergency lending scheme has already been classified as suspected fraud, a source told Reuters. The previously unpublished data from Britain’s Department for Business, Energy and Industry (BEIS) …