Bloomberg Mario Draghi won’t miss the opportunity to mention the euro’s recent appreciation as he prepares to reconfigure the euro area’s stimulus settings, economists say. The European Central Bank president will express concern about the currency’s strength, a Bloomberg survey shows. While he declined to address the exchange rate last month at his appearance in Jackson Hole, Wyoming, 67 percent …

Bloomberg Now that worries Italian banks will suffer a meltdown have subsided, lenders need to persuade investors they can make money. Both optimistic buyers and more skeptical investors, gathered on the shores of Lake Como for the annual Ambrosetti Forum, agree that momentum for bank shares will depend mainly on an acceleration of economic growth and higher interest rates, while …

BEIJING / Reuters Independent oil refiners in China’s Shandong province are planning to form a consortium to integrate their production of oil products and petrochemicals, according to a planning document reviewed by Reuters. Since late 2015, China has allowed 31 mostly privately-owned oil refineries to import crude oil, the majority of them based in Shandong province. With a combined capacity …