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Britain gets trade boost as consumer outlook dims

  Bloomberg The UK ended 2016 on a high, recording an unexpected acceleration in growth thanks to the biggest boost from net trade in almost six years. The question is whether this new economic mix can persist, with the weaker pound helping to deliver a continued export pickup, offsetting a smaller contribution from shoppers who are about to be squeezed ...

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PSA Group chief lays out vision for ‘European Champion’ with Opel deal

  Bloomberg PSA Group laid out its vision for integrating General Motors Co.’s struggling European operations, including slashing costs, combining development efforts and exploiting the appeal of German engineering. Chief Executive Officer Carlos Tavares vowed to revive GM’s Opel unit by carrying out a similar restructuring that brought the maker of Peugeot and Citroen cars back from the brink over ...

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Euro bears return as France vote comes into focus again

  Bloomberg The euro is slipping again, after Wednesday’s modest bounce proved too weak to last. Concerns about European political risks that were recently focused on the second round of France elections are now broadening to include the first round and even next month’s Dutch vote. Investors lightened short-euro positions in the spot market Wednesday as the Bloomberg Euro Index ...

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