Bloomberg Italian industrial output rose more than economists estimated in July, led by pharmaceuticals and vehicle production, prompting hopes for a renewed recovery after growth stalled in the second quarter. Production increased 0.4 percent compared with June when it decreased a revised 0.3 percent, statistics agency Istat said Tuesday in Rome. The median estimate in a Bloomberg survey of …

  Bloomberg German investor confidence was unchanged in September after recent data signaled economic momentum cooled. The ZEW Center for European Economic Research in Mannheim said its index of investor and analyst expectations, which aims to predict economic developments six months ahead, held at 0.5. Economists in a Bloomberg survey predicted an increase to 2.5. While Germany is benefiting from …

  Bloomberg Brazilian President Michel Temer is turning to an unlikely source to help solve his country’s fiscal crisis — deadbeat taxpayers. Temer, 75, who was sworn in after President Dilma Rousseff’s Aug. 31 impeachment, wants to turn a chunk of uncollected taxes into securities and sell them to investors, an idea that only a few governments have ever tried. …