Bloomberg China’s next batch of economic data is expected to signal that consumption remained steady while industrial momentum softened a bit in the world’s second-largest economy. Data on Wednesday will show retail sales growth was unchanged last month while growth in factory output and investment both edged down for a second month, economists say. That would reinforce expectations that economic …

Bloomberg Multinationals are in line for a windfall from President Donald Trump’s call to cut the tax rate on US companies’ stockpiled overseas earnings, but a select few would do better than others. Apple Inc. and Pfizer Inc. may enjoy an extra earnings bump because of their previous accounting maneuvers, while companies including Microsoft Corp., Merck & Co. Inc. and …

Bloomberg UK inflation resumed its upward march last month, accelerating more than forecast to the fastest pace in four years. An increase in prices for computer games, laptops and package holidays — partly reflecting the impact of the weaker pound — lifted the inflation rate to 2.9 percent, the highest since June 2013. Economists had forecast that it would remain …