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Serbia and Kosovo Make Progress in Mending Ties, EU Envoy Says

Serbia and Kosovo agreed on steps to implement a European Union plan aimed at defusing disputes that have threatened stability in the Balkans, European Union foreign policy chief Josep Borrell said as he mediated the latest round of talks between the wartime foes.

Credit Suisse Crisis Nears Finale as UBS Discussions Heat Up

UBS Group AG and Swiss officials are racing to put together a deal for the firm to take over battered rival Credit Suisse Group AG this weekend as they seek to navigate thorny issues such as a government backstop and the fate of the smaller firm’s investment bank.