Bloomberg Lloyds Banking Group Plc suspended its share buyback after a last-minute rush of compensation claims for mis-sold payment protection insurance, taking its total costs for the scandal to 21.8 billion pounds ($26.7 billion). Lloyds shares fell as much as 2.5 percent in London. The bank is making a further provision of between 1.2 billion pounds and 1.8 billion pounds …

Bloomberg Oil kept up its push higher after Saudi Arabia’s new energy minister signaled that Opec and its allies would continue with output cuts as the group prepared to gather in Abu Dhabi. Futures in New York added as much as 2.9% after newly-appointed Saudi Energy Minister Prince Abdulaziz bin Salman said there won’t be radical change in the policy …

Bloomberg Volkswagen AG is unwrapping not just new models at the Frankfurt car show, but also a tweaked logo as the world’s biggest carmaker ushers in the electric era. Little-changed since World War II, the new VW emblem will be uncovered atop its headquarters in Wolfsburg on Monday. Then later in Frankfurt, the manufacturer will unveil the VW brand’s electric-powered …