China plans to ban overseas IPOs for tech firms with data security risks

China is framing rules to ban internet companies whose data poses potential security risks from listing outside the country, including in the United States, according to a person familiar with the matter, reports Reuters.The ban is also expected to be imposed on companies involved in ideology issues, said the person,...

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Crude jumps as storm nears Gulf of Mexico

LONDON, Aug 27 (Reuters): Crude oil prices rose on Friday and are on track to post big gains for the week on worries about supply disruptions as energy companies began shutting production in the Gulf of Mexico ahead of a possible hurricane forecast to hit on the weekend.Brent crude futures...

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