Perhaps the biggest reason Europe hasn’t produced digital economy giants like Google, Amazon, Facebook or Netflix is that there’s no such thing as “Europe.” Starting out in Sweden, France or Germany, a company is not European — it’s Swedish, French or German. Tax regulations, postal tariffs, financial systems, copyright, labeling and data protection rules — nothing is harmonized. Failing to ...

  London / Bloomberg British Airways is evaluating its routes to Nigeria, adding to aviation-industry pressure on the government as sister carrier Iberia and US competitor United Airlines halt flights to the oil-based market as traffic stutters and currency controls delay access to revenue. The UK carrier is struggling to repatriate its share of the $575 million that Nigeria currently ...

  New York / Bloomberg PVH Corp., the maker of Calvin Klein and Tommy Hilfiger apparel, jumped as much as 7.6 percent after raising its full-year profit forecast and reporting first-quarter earnings that beat analysts’ estimates. Adjusted earnings will probably be $6.45 to $6.55 a share during the 2016 fiscal year, the New York-based company said in a statement. That’s ...