Bloomberg BMW AG is betting an overhauled 5Series sedan and new X2 crossover will boost sales this year as the world’s second-biggest luxury carmaker works on its pledge to retake the global lead from Mercedes-Benz. Those models, plus an updated X3 utility vehicle, should carry BMW to gains in all markets, including the US and China, Chief Financial Officer Nicolas ...

Bloomberg The collapse of Carillion Plc with more than half a billion pounds of unfunded pension commitments may increase pressure on some of the nation’s biggest companies to plug their own funding gaps. The construction and services giant employs almost 20,000 people in Britain and has a pensions shortfall of 587 million pounds ($811 million). The government-backed Pension Protection Fund ...

Bloomberg Russia’s government is discussing a proposal to turn on the fiscal taps in what would be the biggest domestic spending spree since President Vladimir Putin last ran for re-election in 2012. Kremlin economic aide Andrey Belousov said expenditures on health, education and infrastructure could be raised by 1.5-2 percent of gross domestic product, the official Tass news agency reported ...