Bloomberg The European Union will propose extending an exemption on foreign flights from its carbon market until 2020 after nations worldwide reached a historic deal last year to introduce a global system to curb the growth of emissions from airlines. The European Commission, the EU’s regulatory arm, will probably present a draft law on Feb. 3 sparing carriers, ranging ...

  Bloomberg Thailand is due to roll out a national digital-payment system that levies much smaller transaction fees than the nation’s banks. Yet lenders expect the network to help rather than hinder them financially. Commercial banks could save some 77 billion baht ($2.18 billion) in the next 10 years as the so-called PromptPay service curbs the use of cash, according ...

  Bloomberg Wells Fargo & Co., the lender struggling to recover from a scandal involving bogus customer accounts, is eliminating its practice of giving retail bankers a day’s notice before internal inspectors visit a branch. The bank’s “branch control review process has evolved over the years to consist of electronic, centralized documents that are reviewed outside and in advance of ...