Bloomberg The European Union is seeking a last-minute deal with the US to avoid inflaming global trade tensions as President Donald Trump prepares to impose tariffs on steel and aluminum imports at the end of the month. “We’re at the beginning of a decisive week,” German Economy Minister Peter Altmaier told reporters in Brussels on Monday. “We have to try ...

Bloomberg After paying more than $65 billion in legal costs for the Deepwater Horizon catastrophe, BP Plc is wary of the risk of lawsuits related to climate change. CEO Bob Dudley raised the topic of class-action lawsuits twice during the company’s annual general meeting in Manchester, England, saying he wouldn’t disclose certain climate targets, or even answer some questions from ...

Bloomberg Just as Switzerland’s factories come roaring back, the rallying franc is a reminder of how the currency has the potential to pull the rug from under them. Industrial production is rising at the fastest pace since before the financial crisis and companies such as Schurter, a maker of electrical components, are seeing sales surge. Gross domestic product figures this ...