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Putin says Chinese proposal could be basis for peace in Ukraine

Summary Companies Putin calls China Russia’s most important economic partner Xi is on a state visit to Moscow Putin says…

Exclusive: EU drafts plan to allow e-fuel combustion engine cars

Summary Brussels proposes exception for e-fuels cars from 2035 Germany still examining EU draft proposal Berlin sees technology condition as…

Wall Street ends green on bank bounce as Fed takes focus

Summary Companies Shares of regional, major U.S. banks jump Tesla surges on China sales data Markets bet on 25 bp…

Oil rises 2% in retreat from 15-mth low as banking fears subside

Summary Companies U.S. Fed begins two-day meeting on Tuesday Oil prices will move higher towards year end -Gunvor CEO U.S.…

Gold dips 2% as banking fears recede in run-up to Fed decision

Summary Companies Fed statement due at 1800 GMT on Wednesday Market seeing heavy profit taking – analyst SPDR Gold Trust…