Bloomberg A U.K. services gauge dropped in February as concerns about global growth, market volatility and the possibility of a British exit from the European Union rattled the biggest part of the economy. The Purchasing Managers Index published by Markit Economics on Thursday fell to 52.7 — the lowest since March 2013 — from 55.6. Economists had forecast a reading ...

Bloomberg Germany is falling woefully short of its target to have one million electric vehicles on the streets by 2020 so it feels the need to do something. Enter the taxpayer: the government is considering a €5,000 ($5,419) incentive to lure would-be buyers. That money could be better spent. Electric vehicles’ share of German sales: 0.4% The industry has a ...

Seoul / AfP North Korea fired six short-range projectiles into the sea on Thursday in a show of defiance just hours after the United Nations adopted the toughest sanctions to date on Pyongyang over its fourth nuclear test and rocket launch. Limited displays of military firepower have become a routine response by North Korea to international pressure over anything from ...