Bloomberg Economic momentum in Switzerland is expected to pick up next year as the recovery in the neighboring euro area gains steam, the government said, confirming its last quarterly forecast. Gross domestic product will expand 1.4 percent this year and 1.8 percent in 2017, the State Secretariat for Economic Affairs in Bern said on Thursday, leaving projections unchanged from ...

  Bloomberg Recent deluges in France that flooded metro stations in Paris will delay the harvest in the European Union’s biggest wheat producer, according to the country’s biggest grain cooperative. Harvesting will probably start up to 10 days later than usual, said Jean-Francois Loiseau, chairman of Axereal, which collects about 5.5 million metric tons a year from its members. Wheat-growing ...

  Bloomberg The world’s biggest natural gas exporter isn’t too concerned about a global glut that will probably last another five years. Gazprom PJSC is counting on falling European output to boost flows to a record and cement its 30 percent market share, Deputy Chief Executive Officer Alexander Medvedev, 60, said in an interview. After crude’s 35 percent slide last ...