Bloomberg The European Commission predicts Italy will fail to meet its debt-reduction goal this year and sees the country’s economy growing less than PM Matteo Renzi’s government estimates. Italy’s debt ratio will remain at 132.7 percent of gross domestic product in 2016, the same level as last year, the European Union’s executive branch said on Tuesday in its spring ...

  Bloomberg More expensive iPhones, fewer foreign home buyers and a whole lot of unknowns — that’s what some U.K. corporate bosses say the country can expect if it votes to leave the European Union. In February, nearly 200 chief executive officers signed a letter calling for Britain to stay. Others say the country should leave, though many have declined ...

  Bloomberg U.S. gasoline demand rose at the fastest annual rate in almost 40 years in February as stronger economic growth and cheap fuel prices spur driving in the world’s biggest oil consumer. The Energy Information Administration said late on Friday that U.S. gasoline demand rose to 9.2 million barrels in February, up 556,000 barrels a day from a year ...