China’s bike rental companies Mobike and Ofo are in talks to merge, Bloomberg’s Lulu Chen reported. There’s not a sane mind in the world who doesn’t think that’s a good idea. One parallel is the merger of Didi Dache and Kuaidi Dache to form Didi Chuxing, which then eventually folded in Uber China. They are, of course, extremely different businesses. …

We have become so accustomed to bad economic news from Italy that few will have noticed how the euro zone’s third largest economy seems to be back on the march. That has helped some with job creation, but it also has significance for the future of the euro area: It’s undermining an article of faith among the euroskeptics, that the …

Reuters Shares of Sudanese companies listed in the United Arab Emirates soared on Sunday after the United States said it was lifting sanctions on Sudan, while construction firm Drake & Scull led Dubai higher. In Abu Dhabi, Sudatel Telecom rose by its 15 percent daily limit to 0.69 dirham, its highest level since April, in heavy trade. A Dubai-listed Sudanese …