Bloomberg BASF SE said it’s in talks to combine its oil-and-gas unit with the energy company controlled by Russian billionaire Mikhail Fridman, setting the stage for one of the largest deals in the sector for some time. The German chemicals company would hold a majority in the combined entity, with a view to a possible initial public offering “in the …

Bloomberg UK Prime Minister Theresa May has less than 10 days to come up with a new offer on the Brexit divorce bill if she wants to break the deadlock in negotiations before the end of the year. European Council President Donald Tusk gave May until December 4 to make extra efforts to resolve the differences between the two sides …

Bloomberg Angela Merkel returned to the international stage with a path to her fourth term opening up and her enemies in retreat. A week that began with the collapse of coalition talks, intrigue and finger-pointing ended with the chancellor telling her European Union partners that Germany is back to business as usual. The Social Democrats, her government partner during two …