Bloomberg As the Bundesbank turns 60 this year, it might have a message for the teenage European Central Bank: we’ve been there before. While the two Frankfurt-based institutions haven’t always seen eye-to-eye, the ties between them run deep. The ECB was deliberately infused with the spirit, and some of the staff, of the German central bank when it was …

  Bloomberg The tightening of emissions limits for deep-water ships has some of North America’s busiest ports chasing a new opportunity. The UN’s International Maritime Organization last year cut limits on sulfur in marine fuels to 0.5 percent from 3.5 percent, starting in 2020. The target: So-called bunker fuel, a cheap, tar-like oil residue used by most ships. Now ports …

  Bloomberg Saudi Arabia’s Almarai, the Gulf’s largest dairy company, reported a 1 percent increase in fourth-quarter net profit on Sunday, broadly in line with analysts’ forecasts, and said cost controls would continue to be a priority. Almarai said net profit totalled 488.5 million riyals ($130 million) in the three months to Dec. 31, up from 483.7 million riyals in …