Bloomberg US sales of new homes declined in February to a nine-month low as severe winter weather in parts of the country limited foot traffic against a backdrop of elevated prices that may be restraining momentum. Purchases of new single-family homes decreased 18.2% — the sharpest decline since July 2013 — to a 775,000 annualised pace from an upwardly revised ...

Bloomberg The European Union (EU) took advantage of high demand for its social bonds to accelerate funding for a regional jobs program. The bloc pulled in above 96.5 billion euros of orders for a 13-billion-euro offering of five-year and 25-year notes. This syndication is the second in March and will mean the EU is three-quarters of the way through funding ...

Bloomberg BT Group Plc announced a bonus for 59,000 workers, weeks ahead of a potential strike over Chief Executive Officer (CEO) Philip Jansen’s restructuring plans. Staff such as engineers and call center workers who were on the front line during the pandemic will receive 1,000 pounds ($1,371) in cash immediately, the British phone company said in a statement. It said that’s ...