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Factory, manufacturing output fall casts doubt over British economy

Bloomberg UK manufacturing output fell the most in 5 1/2 years in April and construction posted a smaller-than- expected gain, casting fresh doubt over the health of the economy. The pound fell. Factory production shrank 1.4 percent, the most since 2012, the Office for National Statistics said. Economists had expected an increase. Building output rose 0.5 percent, well short of ...

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Apple, Qualcomm legal tangle heading for clarity as trials begin

Bloomberg After more than a year of vicious accusations and a flurry of lawsuits and counter claims, Apple Inc. and Qualcomm Inc’s multi-billion-dollar legal dispute is about to get serious. Hearings in the three most important markets — US, China and Germany — will soon determine whether Apple’s attempt to save itself billions in technology licensing payments by forcing one ...

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Italy’s industrial output declines in April

Bloomberg Italian industrial production declined far more than expected in April, adding to signs of a slowdown in economic growth just as the new government tries to reassure investors on the country’s outlook. Output decreased 1.2 percent from March, when it rose 1.2 percent, national statistics institute Istat said in Rome. Economists had predicted it would fall 0.5 percent in ...

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