Bloomberg America’s factories expanded less than forecast in April as measures of orders and employment pulled back, Institute for Supply Management data showed on Monday. Even with the retreat last month, the gauge remains well above the 51.5 average for all of 2016 and indicates healthy optimism among factory managers. The data show manufacturing is settling into a more ...

  Bloomberg SAP SE’s sales topped analysts’ estimates for the fourth straight quarter, as business software spending grew, though the costs of transitioning to a web-delivered model weighed on profitability. First-quarter revenue rose 12 percent to 5.29 billion euros ($5.7 billion), SAP reported, compared with the 5.16 billion-euro estimate of analysts surveyed by Bloomberg. Operating profit, excluding share-based compensation, amortization ...

  DUBAI / Reuters Most Gulf stock markets rose on Monday, with shares in healthcare and education investment company Amanat Holdings accounting for more than 40 percent of Dubai’s market volume with a 4.5 percent rise. The Dubai index rose 0.8 percent with Amanat, the most active stock, seeing its heaviest trade since November. The low-priced stock, which is sometimes ...