Volkswagen will invest 22.8 billion euros ($26.9 billion) in its main car brand over the next five years, it said on Saturday, a day after it announced a spending program aimed at bolstering its position as a maker of electric cars. Most of that sum, around 14 billion euros, will be...

A Turkish energy delegation has met with Iraqi top oil officials in Baghdad to discuss issues including the resumption of Kirkuk oil exports via the Turkish port of Ceyhan, Iraq’s oil ministry said in a statement on Thursday. Exports from oilfields in Kirkuk have been on hold since...

The European Central Bank will only ask banks to set aside extra capital for their bad loans via Pillar 2 demands if talks with the lenders on the matter fail, a senior ECB supervisor said on Tuesday. “Only if the results of this structured dialogue do not convince us will we consider...

Oil traded near $57 a barrel as Saudi Arabia signaled it will raise security at its crude facilities after Bahrain blamed Iran for a fire at a pipeline that connects the two Arab allies. Iran denied it was involved. Futures were little changed in New York after falling 0.8 percent...