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Bloomberg Markets

Oil Tanker Pricing Feud Embroils Centuries-Old London Market

Oil Tanker Pricing Feud Embroils Centuries-Old London Market
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A legal claim from one of the world’s largest oil traders is throwing a spotlight on an arcane but critical corner of global finance — the multibillion-dollar freight market and the 282-year-old City of London institution that sits at the heart of it.

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Bloomberg Markets

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South African Wine Estates Become Focus for Global Buyers
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South African Wine Estates Become Focus for Global Buyers

Global investors are pouring money into commercial wineries in and around Cape Town, even as wine sales slow worldwide. French, German, and Norwegian consortiums are buying into one of the few wine-producing regions where vineyard prices are still climbing. Bloomberg's Jennifer Zabasajja reports. (Source: Bloomberg)

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