It’s a deal linking Shanghai and Zurich, but the real target looks to be London. China Pacific Insurance (Group) Co. is in talks to invest at least $2 billion in Swiss Re AG, Manuel Baigorri of Bloomberg News reported, citing people familiar with the matter. Shanghai-based China Pacific is the country’s third-largest insurer, while Zurich-based Swiss Re is Switzerland’s biggest ...

The European Union’s 555 billion-euro ($600 billion) lending arm, the European Investment Bank, will choose this month whether to sign off on a plan to ditch fossil fuel projects almost entirely and boost support for clean-energy finance. The decision has been delayed by pushback from Germany and some central European nations. That says a lot about Berlin’s muddled approach to ...

As the UK prepares for elections on December 12, the outlook for Brexit is as unclear as ever. Among the options before voters are leaving the European Union without a deal (the Brexit Party); leaving with Prime Minister Boris Johnson’s deal (the Tories); hammering out a new deal that would then be subject to a second referendum (Labour); or simply ...