Endeavor Group Holdings Inc. said it plans to raise as much as $712.3 million in its initial public offering, the entertainment company said in a securities filing Monday.

The parent company of William Morris Endeavor, Hollywood’s biggest talent agency, plans to offer 19.4 million shares of common stock at $30 to $32 a share. The company also is granting its underwriters the option to buy an additional 2.9 million shares.

For...

OPEC and Russia are so far holding off pumping more oil to fill potential gaps in global supplies after an attack in Saudi Arabia over the weekend led to a major crude disruption, officials said.

Crude prices surged Monday in the aftermath of a weekend attack on Saudi Arabia’s crude production infrastructure. Officials said the Saudi Arabian Oil Co., known as Aramco, aimed to restore about a third of the disrupted output by day’s end Monday.

On a recent afternoon, Carl Chow headed into one of the big pro-democracy marches that have convulsed Hong Kong for months. He didn’t plan to break the law, but he took pains to hide his identity behind a surgical mask all the same.

“There are a lot of cameras all around and you don’t know who is standing beside you,” said Mr. Chow, a film student in his early 20s.

Hong...

The impact of the U.S.-China trade war, until now largely confined to manufacturing, may be spreading to the trade in services, a development that could further drag on global economic growth

Rising tariffs have contributed to a lengthening decline in cross-border sales of goods, contributing to a weakening of global economic growth this year as factory output declines. That has prompted an increasing number of central banks to cut their key interest rates in an effort to protect jobs and limit the impact of higher tariffs...

The world is flush with excess oil, a factor that put a cap on the increase in crude prices following the attacks on the heart of Saudi Arabia’s oil industry.

The price of Brent crude spiked 20% to a high of $71.95 a barrel when Asian trading opened on Monday, which would have been the global benchmark’s biggest one day rise in more than 30 years. But by the U.S. morning, Brent had retreated to $65.75, a gain of 9.2%, as traders gauged how much extra inventory is available to meet the demands of the global economy.

BEIJING—Economic activity in China cooled further in August, testing Beijing’s tolerance for slower growth as it seeks to ease trade tensions with the U.S.

Softness was visible last month in nearly every aspect of the Chinese economy, with industrial output and retail sales data pointing to sluggish demand and low confidence among businesses and consumers. Economists had been expecting economic activity to have recovered a little from July, when it fell to its lowest level in more than a decade.

The attacks on Saudi Arabia’s oil facilities are testing new top officials at the Saudi Arabian Oil Co. and the kingdom’s national oil ministry, adding a fresh element of risk for international investors hoping to take part in Aramco’s initial public offering of stock.

Saudi Aramco is gearing up for a two-part IPO, in which it hopes to first sell a sliver of itself to investors on the local Saudi exchange, and then list shares internationally, according to people familiar with the matter. The listing plans have long been...

Purdue Pharma LP filed for bankruptcy protection Sunday night with a partial deal aimed at resolving thousands of lawsuits filed by states and municipalities accusing it of fueling the opioid crisis.

The filing, made in federal bankruptcy court in White Plains, N.Y., marks a remarkable downfall for the closely held company started more than five decades ago in New York by three physician brothers. After it launched the prescription opioid OxyContin in the 1990s, Purdue became one of the most recognizable names in treating...

Crude prices surged Sunday evening following an attack on Saudi Arabia’s oil infrastructure and an announcement from President Trump that he has authorized the release of oil from the Strategic Petroleum Reserve.

U.S. oil futures advanced about 11% to $60.98 a barrel, maintaining gains from just after trading opened at 6 p.m. ET. Brent crude, the global gauge of oil prices, soared 13% to $68.13 a barrel. If those moves held, they would mark some of the biggest intraday for crude in years and put oil at its highest level in...

WASHINGTON—New U.S. sanctions against North Korean hackers and revelations about North Korean malware show how Pyongyang’s cyber operations have become a crucial revenue stream and a security threat that soon could rival its weapons program, U.S. and industry officials say.

North Korea’s hacks of financial systems and critical infrastructure world-wide reveal sophisticated cyber capabilities developed to counter global sanctions and expand Pyongyang’s geopolitical power, according to these officials.

TUNIS—Tunisians voted Sunday in their second free presidential election since the uprising that toppled an autocratic regime in 2011, consolidating the country’s position as the only democracy to survive the years of revolution and war following the Arab Spring.

Voters are choosing among some two dozen candidates in a wide-open contest that comes at a moment of resurgent democratic movements across North Africa. Months of protests forced the removal of the authoritarian leaders of Sudan and Algeria earlier this year.

VASTERAS, Sweden—Machines are strewn about the floor. Cranes heave building material through the factory hall. In this patch of Swedish forest, preparations are afoot for the battle between Europe and China over control of the technology that powers electric cars.

Peter Carlsson, a tall, blond Swede sporting a short beard, once managed Tesla Inc.’s supply chain. Then he founded Northvolt AB, which aims to become the prime purveyor of batteries to Europe’s makers of electric and hybrid cars. Pointing at the chaotic site, he...

Venezuelan President Hugo Chávez in the mid-2000s ordered his top lieutenants to work with Colombian Marxist guerrillas to flood the U.S. with cocaine in his government’s efforts to combat the Bush administration, according to U.S. documents obtained by The Wall Street Journal that shed new light on the leftist regime’s struggle with Washington.

The documents, prepared by federal prosecutors from the Southern District of New York, outline for the first time the possible role of Mr. Chávez, an icon of the Latin American left...

Saudi Arabia’s national oil company expects to restore roughly a third of crude output disrupted in a weekend attack by day’s end Monday, Saudi officials said, but the strikes will likely leave the country short of full production capacity for weeks.

The damage from Saturday’s attacks risks sending shock waves through energy markets and damaging the kingdom’s long held position as the world’s most predictable and prodigious supplier of crude. Officials had earlier expressed hope that Saudi Arabia could resume full production by the start of the week.

Warning signals are starting to flash in the market for junk debt, an indicator that investors are worried that companies with high debt loads could be at risk even if the U.S. economy avoids recession.

The current change in sentiment is modest compared with the one that hit high-yield bonds in December. But it continued through a recent surge in demand for Treasurys and investment-grade corporate debt. The combined trends expose cracks in the recent rally that has powered the Dow Jones Industrial Average to within 0.6% of...

The United Auto Workers has called for a strike at General Motors Co.’s U.S. factories, its first major work stoppage in more than a decade, as union bargainers press the company to reopen idled plants and improve wages and benefits for rank-and-file members.

Union officials voted Sunday morning to authorize the nationwide walkout, which will begin at midnight Sunday, after negotiations for a new four-year labor contract hit an impasse. UAW leadership is instructing roughly 46,000 blue-collar factory workers at 31 GM plants...

TEL AVIV—Prime Minister Benjamin Netanyahu is staking his political survival in Tuesday’s election on his record in protecting Israel, as he faces a challenge from former generals who seek to sow doubt that he can keep the country safe.

Mr. Netanyahu has touted his work fighting against Iran and highlighted the military operations carried out in Syria, Lebanon and Iraq under his watch. Last week, he vowed to annex the Jordan Valley, which he framed as a means of establishing a permanent secure border for Israel.

ROME—Italy allowed a charity ship to bring 82 migrants rescued in the Mediterranean to its shores, in the first test of how Italy’s new left-leaning government will handle the divisive issue of migration from Africa.

The new governing coalition of the center-left Democratic Party and the antiestablishment 5 Star Movement has said it wants to break with the tough tactics of Matteo Salvini, leader of Italy’s nativist League party, who as interior minister in 2018-2019 made headlines by banning many migrant-rescue ships from...

Iran denied American accusations that it was behind Saturday’s debilitating strikes on Saudi oil facilities, as Riyadh and Washington rushed to respond to attacks that could disrupt global oil markets, derail prospects of a meeting between President Trump and Iranian President Hassan Rouhani, and become the spark for a broader clash with Tehran.

Iran-backed Houthi rebels in Yemen claimed responsibility for drone strikes on two Saudi oil plants, but U.S. Secretary of State Mike Pompeo said there was no evidence that the attacks...

Investors are piling back into stocks and unwinding massive bets on haven assets, illustrating renewed faith that a resilient U.S. consumer can continue powering economic growth.

Billions of dollars have flowed into funds that track stocks in recent days, and measures of investor sentiment show increased optimism. Last week’s rally, which...

MILAN—Gucci boosted its brand and sales by using social media to flaunt its connections with hip-hop artists and promote its theatrical fashion shows, but that momentum reversed in February, after the release of a sweater that critics likened to blackface.

HONG KONG—Political turmoil engulfing this global financial center showed no signs of abating Sunday as tens of thousands of pro-democracy demonstrators marched through the streets in defiance of a police ban on the protest.

People of all ages, many unmasked and some carrying children, walked more than 2 miles from a shopping district, where usually busy stores were shuttered, to downtown Hong Kong. Many chanted, “Five demands! Not one less!,” “Fight for freedom!” and “Revolution of our times!”

ISTANBUL—Every evening when Muhammad Hamdoun gets off work, he scans the street as he walks the few blocks to the bus station, trying to blend in with the Turkish people around him and avoid police who might identify him as a Syrian refugee.

To evade arrest for having a residency card registered in another province, Mr. Hamdoun has adopted precautions he first honed as an antigovernment activist in Syria. Like many of his compatriots in Istanbul, he takes detours to avoid checkpoints, dresses in a way that doesn’t stand out...

Taliban negotiators have held talks with Russian officials in Moscow, in an apparent effort to restart discussions with the U.S. just days after President Trump killed a nearly completed deal to withdraw American forces from Afghanistan and declared negotiations with the insurgent group dead.

The Taliban’s representatives met President Vladimir Putin’s envoy for Afghanistan, Zamir Kabulov, on Friday in the Russian capital, the state news agency Tass said. Suhail Shaheen, a Taliban spokesman, confirmed on Saturday that the...

The startup had something incredible: a cure for babies with a deadly neurological disease. Last year, the company was snapped up by pharmaceutical giant Novartis AG, and by this past May, its drug was the most expensive on the market.

In just a few years, the company, AveXis Inc., morphed from a handful of hospital-based researchers into one of the pharmaceutical industry’s most stunning success stories.

But...