Oil prices rose on Tuesday but settled below session highs after Libya announced the reopening of pipelines after a two-year blockade that ended earlier this month.

• December 20, 2016

Italian bank Monte dei Paschi di Siena (BMPS.MI) is trying to resolve differences with a key investor over its 5 billion-euro ($5.2 billion) rescue plan to allow the deal to go ahead and avoid a state bailout.

• December 19, 2016

A transitional deal "sooner rather than later" on Britain's exit from the European Union would ensure Brexit does not undermine financial stability, a senior Bank of England official said on Wednesday.

• December 14, 2016

European Union countries agreed on Tuesday to reforms giving the bloc the possibility of imposing higher duties on excessively cheap imports that would help shore up its defenses under a new trading relationship with China.

• December 13, 2016

European Union leaders will set out plans this week for negotiating Britain's exit, diplomats said, after national officials met late on Monday to prepare an EU summit statement.

• December 12, 2016

Italian energy company Eni will sell a 30 percent stake in its giant Egyptian offshore gas field Zohr to Russia's Rosneft for $1.575 billion, pressing ahead with asset sales to fund investments and offset weak oil prices.

• December 12, 2016

Britain will need a transitional trade agreement with the European Union, and the government should set out plans for it before beginning formal divorce talks with the bloc, members of parliament's upper house said on Tuesday.

• December 12, 2016

Turkey's ruling AK Party on Saturday submitted to parliament a package of constitutional reform proposals that would expand the president's powers, party officials said, in a move that could potentially see President Tayyip Erdogan rule until 2029.

• December 10, 2016