Bloomberg The euro-area economy expanded at a robust pace at the start of the year as inflation pressures increased, according to IHS Markit. A Purchasing Managers’ Index signaled quarterly growth of 0.4 percent, with broad-based expansion in both manufacturing and services, the London-based company said in a statement on Tuesday. Although the gauge slipped to 54.3 in January from ...

  Bloomberg Britain’s budget deficit narrowed in December as tax revenue jumped, putting Chancellor of the Exchequer Philip Hammond on course to meet his new fiscal forecasts. Net borrowing was 6.9 billion pounds compared with 7.2 billion pounds a year earlier, the Office for National Statistics on Tuesday. It left the shortfall in the first nine months of 2016-17 at ...

  Bloomberg Gazprom PJSC, the world’s biggest natural gas producer, is considering asset sales, freezing dividends and increasing its borrowing as export earnings wane, according to its three-year budget. The state-controlled company aims to raise 350 billion rubles (around $6 billion) from asset sales this year, while borrowing may climb to 288 billion rubles and more than double from that ...