Bloomberg UK government proposals to make companies list their foreign workers would harm the economy because they are “anti-business and dangerously naive,” more than 100 leaders of small and medium-sized businesses said in a letter to the Daily Telegraph newspaper. “The ability to hire both British and non-British people has historically helped business grow by bringing in varied skills ...

  Bloomberg European Union policy makers aren’t attempting to read anything into signals sent by Theresa May and the rest of the U.K. government on Britain’s future relationship with the bloc and are just waiting for an official communication, an EU Commission vice president said. “The European Commission will probably not be interpreting the U.K. government,” Valdis Dombrovskis said in ...

  Stockholm / AFP British-American economist Oliver Hart and Bengt Holmstrom of Finland on Monday won the Nobel Economics Prize for their work on contract theory, the jury said. “This year’s laureates have developed contract theory, a comprehensive framework for analysing many diverse issues in contractual design, like performance-based pay for top executives, deductibles and co-pays in insurance, and the ...