Brussels / AFP The EU unveiled plans on Wednesday to charge travellers five euros ($5.30) for security checks to get visa-free travel to Europe’s borderless Schengen area, and confirmed the fee would apply to post-Brexit Britain. The proposal is based on a US system and will allow EU countries to quickly cross check identity documents and other details from …

  Reuters Abu Dhabi bank shares surged on Wednesday because of renewed speculation that the government might merge more banks as part of an efficiency drive, while other regional markets rebounded, encouraged by strong global bourses and oil prices. The Abu Dhabi index jumped 2.6 percent, its largest single-day gain since June, but trading volume continued to decline from a …

  London / AFP Europe’s main stock markets extended their losses on Wednesday after recent volatile swings and US stocks turned lower after a week-long post-election rally while the dollar surged. “US stocks look set for a lower open with the future Donald Trump presidency still front and centre,” analyst Jasper Lawler, of CMC Markets, said in a note to …