Bloomberg The UK economy’s sweet spot is about to be challenged. Prime Minister Theresa May kickstarted the formal withdrawal from the European Union on Wednesday, leaving businesses and investors facing the realities of Brexit and changes to everything from regulation to the movement of workers and goods. There’s also a lack of clarity over whether a good deal — ...

  Bloomberg Euro-area economic confidence unexpectedly slipped this month, an indication that the region’s recovery may not be as immune from political uncertainty as anticipated. An index of executive and consumer sentiment in the region dipped to 107.9 from 108 in February, the European Commission in Brussels said on Thursday. While that’s lower than the 108.3 median estimate in a ...

  Bloomberg One of the world’s biggest drugmakers has a new plan to get more medicines to more people: tapping funds from wealthy investors to build up health-care systems in low-income countries. Swiss pharmaceutical giant Novartis AG is in talks with banks to create a fund for investors interested in opportunities that have a social impact, Harald Nusser, the company’s ...