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...

DUBAI (Reuters) - A battle for orders erupted on day one of the Dubai Airshow on Sunday as Europe’s Airbus and its U.S. arch-rival Boeing prepared to fire opening salvos worth almost $30 billion. Airbus was widely expected to announce a fresh order worth $16 billion at list prices for the...

DUBAI (Reuters) - Airbus (AIR.PA) will have to buy back or find new homes for some of the older A380s currently operated by Dubai’s Emirates as it finalises a deal to sell new superjumbos to the Gulf carrier, industry sources said on Sunday. The European planemaker is expected to...