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German factories hold back euro-area economy

Bloomberg German manufacturing remained in a slump at the start of the second quarter, casting a cloud over the euro-area economy as well as the European Central Bank’s hopes for a quick recovery. Factory output in Europe’s largest economy contracted for a fourth month running in April, according to a survey. Manufacturing in the euro area also shrank, while a ...

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Sanchez front-runner as ‘Spain’ charts political path

Bloomberg For many Spanish voters now mulling their choice for prime minister, Pedro Sanchez, the incumbent, has made the most convincing case. Since calling a snap vote almost two months ago, the Socialist leader has watched opinion polls move in his favour. As voters contemplate their options on what is officially a “day of reflection” after the formal election campaign ...

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Kremlin wants to know details of US president’s arms-control initiative

Bloomberg Russia is interested in the details of a potential US plan to push for new arms-control agreements, Dmitry Peskov, spokesman for Russian President Vladimir Putin, told reporters in Beijing. US President Donald Trump has questioned the cost of maintaining a nuclear arsenal and has asked administration officials to prepare options for potential new arms-control agreements with Russia and China, ...

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