Bloomberg The Catalan crisis is proving to be a millstone around the neck of the Spanish prime minister. Mariano Rajoy saw his People’s Party routed in elections in the rebel region last month and it has plumbed historic lows in opinion polls as the premier’s hesitant efforts to keep the push for independence in check disappoint voters across the rest ...

The effects of the Trump administration corporate tax reform on US multinationals that were, as of the end of last year, holding some $1.4 trillion in cash overseas, are largely beneficial: Now these companies finally know how much of that money the US wants — and there’s also some long-awaited clarity on how foreign profits will be taxed going forward. ...

French president Emmanuel Macron gave a horse to his Chinese counterpart Xi Jinping, but handing over the Airbus A380 has proved more difficult. The visit started with talk about Airbus offering China a production role on its superjumbo aircraft to secure a program-extending order for the slow-selling jet. While discussions were held on sales of the A380, according to Macron, ...