The U.S. will outperform major global economies in the next two years, the OECD said, but cautioned that soaring stock markets may be overestimating the pace of near-term growth. The U.S. and Canada are likely to outperform major global economies in the next two years, a prominent Paris-based think tank said Tuesday, even as it cautioned that soaring stock markets may be overestimating the pace of near-term growth.

Carlos Tavares, boss of Peugeot’s owner, PSA, tells the BBC’s Simon Jack that the Vauxhall and Opel divisions can be turned around by sharing assets and systems and by introducing new performance benchmarks.

The market’s jump in response to political news last Wednesday was more unusual than most recognized. It was not the size of the advance but the character of the day that I find important.

After three days of selling in the broad market, allegations that President Obama had President Trump’s “wires tapped” in Trump Tower, and North Korea’s decision to launch four ballistic missiles , I, for one, am pretty impressed with the resilience of our responsive buyer. The bears have had some noteworthy catalysts to cling to these past few days, and yet the E-Mini S&P 500 futures have only declined 1% since last Wednesday’s record close.

Thirty years ago, designers fought to be seen as more than just decorative artists. Today, they hold leadership positions at some of the world’s top companies.

Saudi Arabian Oil Co. will pay Royal Dutch Shell Plc $2.2 billion including debt to finalize the breakup of a 19-year refining partnership known as Motiva Enterprises LLC. Saudi Aramco’s Saudi Refining unit will take full ownership of the Motiva Enterprises name and legal entity, including the largest refinery in the U.S. at Port Arthur in Texas, and 24 distribution terminals, according to a joint statement.

Big six energy provider E.On has said it will increase its dual fuel standard variable tariffs by 8.8% from next month. E.On said that 2.5 million customers would be affected by the increases, which come into effect on 26 April.

Britain’s pound fell to its lowest level against the U.S. dollar since mid-January as investors waded through disappointing data releases that suggest a worrying Brexit impact on Europe’s second-largest economy. Britain’s pound fell to its lowest level against the U.S. dollar since mid-January in Tuesday trading as investors waded through a series of disappointing data releases that suggest a worrying Brexit impact on Europe’s second-largest economy.

A chain of Budgens stores has failed to find a buyer and will close, with the loss of 800 jobs. The owner of the 34 stores affected – a third of Budgens outlets – was put in administration a month ago after hitting “difficult” trading conditions.

Insurance company Direct Line has said last week’s changes to the way accident victims are compensated has dented pre-tax profits by A 217m. The Ministry of Justice announced a new formula for calculating compensation payments for those who suffer long-term injuries, which means insurers will have to increase payouts.

Rhodium’s on the best run in a decade on expectations of more demand for the material that’s used in cleaning toxic car emissions. One of the rarest precious metals, it climbed the past seven months and is up 19 percent this year, outperforming most major commodities.

The NFL’s Oakland Raiders took a big step toward a possible relocation to Las Vegas after securing financing from Bank of America for a potential stadium, according to multiple reports on Monday. Both the Los Angeles Daily News and NFL’s website said the Raiders, who have already seen two potential partners bow out, secured financing from Bank of America.