News Snapshot:
Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. NatWest Group has agreed to buy back shares worth £1.2bn from the UK government, in a transaction that will mean the bank is majority private-owned for the first time since it was bailed out during the financial crisis. The bank, formerly known as Royal Bank of Scotland (RBS), said it had agreed to make an off-market purchase of 550m shares, or 4.91% of its share capital, from HM Treasury at Friday’s closing price of 220.5p. On the markets, oil prices have...
