Bloomberg Oil’s rally stuttered as uncertainty over the status of trade negotiations between the US and China stoked concerns over global economic growth. Futures for May fell as much as 1.2 percent in New York. China was said to be pushing back against American demands, raising speculation that trade tensions between the world’s biggest economies will persist. Still, the price …

Bloomberg German Chancellor Angela Merkel said it’s up to Deutsche Bank AG and Commerzbank AG executives to decide if their historic merger plans make sense, exposing divisions in the coalition. The plan to combine Germany’s two biggest lenders is a private business matter, Merkel said at the Global Solutions summit in Berlin, after the lenders announced talks on a deal …

Bloomberg Pakistan’s central bank sees inflation behaving well in the next financial year beginning July, but will stand ready to use monetary policy tools after the most aggressive interest rate tightening in Asia last year, its governor said. Consumer price growth will be anchored by low food inflation, State Bank of Pakistan Governor Tariq Bajwa said in an interview. While …