Bloomberg The UK economy lost fewer jobs than expected and wage growth picked up towards the end of 2016, suggesting the labor market remains relatively resilient. The number of people in work fell by 9,000 to 31.8 million in the three months through November, whereas economists had predicted a 35,000 decline. The jobless rate stayed at 4.8 percent, the ...

  Bloomberg Iceland, the world’s tiniest developed economy, is now pondering whether it has the might to take on the currency markets. The center-right coalition that took office this month wants an overhaul of Iceland’s monetary policy framework, which could lead to fixing the currency or letting it trade within a band, Finance Minister Benedikt Johannesson, 61, said. The review ...

  Bloomberg Mark Zuckerberg, saying it’s the first time he’s testified in a trial, vehemently denied claims that the virtual-reality headset maker acquired by Facebook Inc. in 2014 had stolen technology for the Oculus Rift. Facebook’s co-founder and chief executive officer, who has hailed virtual reality as his company’s next big thing, was called to the witness stand by ZeniMax ...