Bloomberg U.K. inflation accelerated to a 15-month high in March as an early Easter boosted air fares and clothing prices increased. Consumer prices rose 0.5 percent from a year earlier, the fastest pace since December 2014, the Office for National Statistics in London said on Tuesday. That exceeded the 0.4 percent median estimate in a Bloomberg survey of economists. Core ...

Bloomberg Russia is planning to offer Saipem SpA a contract to lay a natural gas pipeline in the Baltic Sea in an effort to settle a 760-million euro ($870 million) dispute and strengthen ties with Italy, according to two government officials in Moscow. State-run Gazprom PJSC may sign a deal with Saipem on a planned 10-billion euro offshore link known ...

Bloomberg Mercedes-Benz boosted sales twice as fast as BMW in the first quarter, moving closer to clinching the lead in the world’s luxury-car market for the first time in a decade. The Daimler AG unit’s deliveries soared 13 percent to 483,487 vehicles in the three months through March, compared with a 6 percent increase to 478,743 cars for BMW AG’s ...