Frankfurt The German economy is “in good shape overall,” the head of the country’s central bank or Bundesbank said on Wednesday, waving away suggestions that clouds could be building over Europe’s biggest economy. Speaking at the Bundesbank’s annual news conference, president Jens Weidmann pointed to record high employment last year and falling unemployment. “While wage growth was marked, inflation remained ...

Bloomberg Euro-area consumer prices rose less than initially estimated in January, increasing the pressure on the European Central Bank to take steps to sustain the region’s recovery. The inflation rate was 0.3 percent, less than the 0.4 percent reported on Jan. 29, data from the European Union’s statistics office showed on Thursday. ECB policy makers will review their stimulus package ...

BLOOMBERG Barclays Plc cut the bonus pool for its investment bank by about 10 percent to 12 percent, according to people with knowledge of the matter. Individual employee variable pay for 2015 would have dropped more if the London-based bank wasn’t cutting 1,200 jobs worldwide and closing operations across Asia, said the people, who asked not to be identified because ...