Bloomberg The US should build a global alliance to tackle China on unfair trading practices instead of using spurious national security claims to impose tariffs that also hurt allies, said former US Treasury Secretary Jacob J. Lew. Lew said that the US is in danger of abandoning the global economic order it helped to build. He also said the US ...

Bloomberg Investors’ confidence in the euro area and Germany took another knock as the escalation of trade tensions between the US and many of the world’s major economies cast a cloud over improving data. The ZEW Center for European Economic Research said its measure of investor expectations for Germany fell to minus 24.7 in July from minus 16.1 in June, ...

Bloomberg Facebook Inc. could be fined a symbolic 500,000 pounds ($664,000) by the UK’s privacy regulator after the social network giant failed to prevent key user data falling into the hands of a political consultancy that helped get President Donald Trump elected. The UK Information Commissioner’s Office is threatening the company with the maximum penalty allowed, it said when issuing ...