Bloomberg Adidas AG raised its full-year profit forecast for the second time in less than three months after first-quarter results beat its own expectations and as consumers spend more ahead of the Euro 2016 soccer tournament. Net income from continuing operations will rise 15 percent to 18 percent this year, more than a prior range of 10 percent to ...

  Bloomberg The outlook for Russia’s earnings from oil exports is improving as the price of a barrel of crude in ruble terms rose to the highest in more than five months. The currency’s 2.8 percent advance this month has lagged a gain of 18 percent in Brent crude, which is used to price Russia’s main export blend. The exchange ...

  Bloomberg German Chancellor Angela Merkel’s government reached a deal with automakers to jointly spend 1.2 billion euros ($1.4 billion) on incentives to boost sluggish electric-car sales. Buyers will be able to receive as much as €4,000 in rebates to help offset the higher price of an electric vehicle, Finance Minister Wolfgang Schaeuble said at a press conference in Berlin. ...