Bloomberg Hundreds of German Tesla Inc. Model S drivers have been ordered to pay back a 4,000 euro electric-vehicle subsidy after a government agency deemed their luxury cars too expensive to qualify for the programme. Some 800 drivers who bought their cars before March 6 and have received the so-called “environmental bonus” will have to return it, Germany’s Federal Office ...

Bloomberg The home crowd that cheered on Russia’s run to the quarterfinals of the soccer World Cup may have been too preoccupied to do much shopping. Countries staging the world’s most-watched sporting event have a poor record when it comes to economic benefits off the pitch. In the three past World Cups, South Africa — the only host nation whose ...

When it comes to assessing the outlook for the US economy these days, the discussion usually starts with the bond market’s yield curve. At less than 30 basis points, the difference between two- and 10-year Treasury yields is the narrowest since 2007. This is classic late-cycle behaviour. The curve is signalling that the market thinks the Federal Reserve’s interest-rate increases, ...