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Merkel says diesel bans to be avoided as clean-air aid doubled

Bloomberg Chancellor Angela Merkel said German authorities are committed to avoiding city driving bans for diesel cars and pledged to double a federal clean-air fund to 1 billion euros. Merkel sought to address fallout from Germany’s diesel scandal during a meeting at the chancellery in Berlin, a day after her main election opponent pressed her in a television debate to ...

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Britain seeks tougher laws on corporate financial crime

Bloomberg A proposal to toughen UK laws to make it easier to hold companies accountable for financial crime is still under consideration by the government after years of back and forth, according to a speech from the solicitor general. “The weaknesses in our current law result in other jurisdictions holding British companies to account when ours has not,” Robert Buckland ...

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US jobs engine keeps defying forecasts for 2017 slowdown

Bloomberg In an economy growing at a moderate pace at best, the US job market keeps on shining. Payroll gains topped forecasts in five of the past seven months, putting the 2017 average increase of 184,000 almost on par with last year’s 187,000 and above levels typical for the eight-year expansion. Analysts expect barely any falloff from that pace in ...

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