Reuters Italian energy group Edison, part of French utility EDF, is preparing the sale of its oil and gas unit, the latest power producer to abandon fossil fuels to focus on its retail business, four industry sources said. Edison has selected investment banks Rothschild and Perella Weinberg to organise an auction for the exploration and production division, which could be …

TOKYO / Reuters The Bank of Japan (BOJ) bought the largest amount of exchange-traded funds (ETFs) on record in March as the central bank supported a market hit by a rising yen and fears of a global trade war. The central bank, which usually buys ETFs to support the market when shares fall in morning trade, said it bought a …

BRUSSELS / Reuters An early Easter helped drive a pick-up in euro zone inflation in March, keeping the European Central Bank on track with preparations to wind down its huge stimulus programme in coming months. Inflation in the 19 countries sharing the euro was 1.4 percent year-on-year, European Union statistics office Eurostat estimated on Wednesday — in line with market …