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MILAN -Italian payments group Nexi is in exclusive talks to buy the retailers’ payment business of BPER Banca, a person close to the matter said, confirming a report by Bloomberg …

By Jonathan Cable LONDON -The euro zone economic recovery regained momentum this month as an easing of coronavirus restrictions gave a boost to the bloc’s dominant service industry, a survey …

BRUSSELS -The main political grouping in the European Parliament called on Monday for a review of Switzerland’s banking practices and for the country’s possible inclusion in the EU’s dirty-money blacklist …

BEIJING – China Customs has warned consumers against buying and eating certain infant and baby products of Abbott Laboratories that were affected in a recent recall linked to a U.S. …

By Paul Lorgerie and Tiemoko Diallo BAMAKO – Mohamed Cisse used to employ hundreds of workers in Mali’s capital Bamako before economic sanctions last month shut borders and cut the …

BRUSSELS – The U.S.-European Union Trade and Technology Council, set up last year to mend strained transatlantic trade relations and help the allied democracies better compete with China, will meet …

By Michael Shields and Francois Murphy ZURICH/VIENNA – Credit Suisse was plunged into a dirty money scandal on Monday after media outlets reported the Swiss bank had managed accounts for …

By Isla Binnie MADRID – The European Union will consider whether to require member states to fill their natural gas storage to prescribed levels, a senior official said as the …

By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF – A steep drop in hydrogen shares is likely to hit the valuation of Thyssenkrupp’s hydrogen unit Nucera, according to investor and financial …

By Julien Ponthus LONDON – The euro’s gains fizzled and the dollar received a safe-haven boost on Monday after the Kremlin said there were no concrete plans for a summit …

BEIJING – Luxshare Precision Industry Co Ltd, an Apple Inc supplier, said on Monday it aims to raise up to 13.5 billion yuan ($2.13 billion) to fund six projects, including …

By Jesús Aguado MADRID – Under pressure from a campaign by a 78-year-old pensioner against financial exclusion of elderly people in the digital age, Spanish banks have agreed to extend …

-McDonald’s Corp on Sunday said Carl Icahn has nominated two members to its board of directors in an escalating fight over the treatment of pigs by the burger chain’s suppliers. …

By Victoria Waldersee and Ilona Wissenbach BERLIN -Mercedes-Benz expects to have factories producing exclusively electric vehicles (EVs) by the second half of the decade but will steer clear of building …

By Lisa Barrington DUBAI – Natural diamond supply has peaked and will remain stable for the next few decades, the CEO of mining giant De Beers told Reuters on Monday, …

By Elena Fabrichnaya MOSCOW – Russian ratings agency ACRA estimates that the country’s banks imported $5 billion worth of banknotes in foreign currencies in December, up from $2.65 billion a …

LONDON -OPEC+ compliance with oil output cuts rose to 129% in January, a source from the group told Reuters, as producers fell further behind their target and signalling a tight …

SEOUL – South Korea’s National Assembly approved a 16.9-trillion-won ($14.2 billion) supplementary budget on Monday aimed partly at funding the response to COVID-19 and supporting businesses hit by pandemic restrictions. …

By Mohammed Benmansour RIYADH -Oil giant Saudi Aramco is in talks with partners in China about further investments in the country, CEO Amin Nasser said on Monday. “China is an …

By Alexandra Alper and Karen Freifeld WASHINGTON/NEW YORK – President Joe Biden’s administration has prepared an initial package of sanctions against Russia that includes barring U.S. financial institutions from processing …

BERLIN -German producer prices rose in January at their fastest rate since modern records began, soaring 25% and extending a run of sharp increases likely to keep businesses under financial …

BERLIN – Germany does not think it is affected by a leak of Credit Suisse client data that was published by an investigative journalism network, a spokesperson for the finance …

BEIRUT – Lebanon’s parliament on Monday extended a law that lifts banking secrecy regulations to facilitate a forensic audit of the country’s central bank, a key condition for foreign aid …

BEIJING -China’s four biggest banks lowered mortgage rates in Guangzhou city by 20 basis points on Monday, two people familiar with the matter said – a fresh move aimed at …

By Marwa Rashad and Ron Bousso LONDON -The global liquefied natural gas (LNG) market is expected to remain tight this year following last year’s volatility which saw demand rise 6% …