Bloomberg Russia is planning to offer Saipem SpA a contract to lay a natural gas pipeline in the Baltic Sea in an effort to settle a 760-million euro ($870 million) dispute and strengthen ties with Italy, according to two government officials in Moscow. State-run Gazprom PJSC may sign a deal with Saipem on a planned 10-billion euro offshore link known …

Bloomberg Mercedes-Benz boosted sales twice as fast as BMW in the first quarter, moving closer to clinching the lead in the world’s luxury-car market for the first time in a decade. The Daimler AG unit’s deliveries soared 13 percent to 483,487 vehicles in the three months through March, compared with a 6 percent increase to 478,743 cars for BMW AG’s …

Bloomberg De Beers increased diamond sales at its third offering this year in a sign of recovering demand for rough gems after a slump last year. Shares of listed parent Anglo American Plc surged as much as 9.4%. De Beers sold $660 million of diamonds in April, the diamond miner said on Tuesday. That’s up from the $617 million of …