Bloomberg Conservatives’ infighting over how to engage with the rest of a united Europe has helped bring down the party’s past three prime ministers. Now, Theresa May has given her government a few weeks to forge a position—and flesh out details—they can all get behind as the UK negotiates its way out of the European Union. With interlocutors in Brussels ...

Bloomberg German Chancellor Angela Merkel said she’s determined to serve another full term, rebuffing party critics who say she sold out to the Social Democrats to extend her 12 years in office. Faced with a backlash against last week’s coalition agreement and calls by some in her Christian Democratic Union to start thinking about a successor, Merkel defiantly brushed aside ...

Bloomberg Surging output of US shale oil won’t be a “huge distorter” of efforts by global crude producers to clear a glut, according to OPEC’s president. The market should re-balance this year, given robust demand and producers’ compliance with their pledges to curtail supply, United Arab Emirates Energy Minister Suhail Al Mazrouei, currently the president of OPEC, said on Monday ...