Brent crude eased toward $110 a barrel Wednesday on reports that some Libyan oil exports might soon resume, although losses were checked by declines in fuel stocks in top consumer the United States.

Iraqi Prime Minister Nouri al-Maliki is to visit India, officials said Wednesday, to push for investment in much-needed reconstruction, as New Delhi looks to secure critical energy supplies.

AT&T; Inc., the largest U.S. phone company, is being sued by Al-Jazeera over its refusal to to carry the Qatar-based broadcaster’s new U.S. cable-news channel as part of its pay-television service.

U.S. home resales jumped in July to their highest level in over three years, suggesting a sharp increase in borrowing costs is having only a limited impact on the housing market’s recovery.

The world’s biggest sovereign wealth funds may see their bumper profits of 2012 diminish this year as recent diversification into high-growth emerging markets starts to produce disappointing returns.

Egypt’s political crisis has dealt a blow to any hopes for a quick economic recovery, but aid from its Gulf allies is likely to prevent a financial collapse.