Bloomberg When China released its key economic indicators, the statistics agency was quick to highlight how the country’s domestic consumption had propelled growth in the first quarter, offsetting external risks as trade tensions escalate. Yet for the country’s publicly listed companies, foreign business has never been so important. The percentage of sales that mainland-listed companies get outside their home country ...

Bloomberg A top European Union official reiterated the bloc’s demand for a permanent exemption from the US’s steel and aluminum tariffs, as a temporary reprieve is set to expire on May 1 and fears mount that escalating trade tensions could threaten the global economy. European Commission Vice President Valdis Dombrovskis said the EU is in close contact with US authorities ...

Bloomberg European car sales turned in their weakest performance in the first quarter since an industrywide contraction five years ago, as UK consumers’ apprehension over Brexit continued to erode demand in the region’s second-largest market. First-quarter registrations edged up 0.6 percent, according to figures released by the Brussels-based European Automobile Manufacturers’ Association, or ACEA. The gain was the slowest since ...