Bloomberg US consumer debt increased by the most in five months in April and topped estimates, suggesting more upbeat sentiment among Americans is supporting borrowing and spending. Total credit expanded $17.5 billion from the prior month following an upwardly revised $11 billion gain in March, Federal Reserve figures showed. Revolving debt outstanding increased the most since November while non-revolving credit ...

Bloomberg Ford Motor Co. is planning to close a UK engine factory as the last major step in an overhaul of its unprofitable European operations. The Bridgend, South Wales plant, which employs about 1,700 workers, builds engines for several Ford models in Europe, including the Fiesta and B-Max. Its future became uncertain 18 months ago when Jaguar Land Rover said ...

Bloomberg Boris Johnson ramped up his campaign to become Britain’s next prime minister, vowing to take the country out of the European Union with or without a deal on October 31 and promising to hold onto money owed to the bloc until terms of the divorce become more favorable to the UK. In an interview with the Sunday Times, Johnson ...