Bloomberg German joblessness extended its decline, underscoring the strength of the labour market as Europe’s largest economy seeks to absorb a wave of refugees. The number of people out of work fell by a seasonally adjusted 16,000 to 2.706 million in April, data from the Federal Labour Agency in Nuremberg showed on Thursday. That’s the seventh consecutive drop, and …

  Bloomberg U.K. farm income tumbled by 29 percent last year as the country’s growers were hit by falling crop prices and lower subsidy payments, the government said. Total income dropped to 3.77 billion pounds ($5.5 billion) in 2015, the lowest in eight years, according to a report from the Department for Environment, Food & Rural Affairs. It was the …

  Bloomberg Volkswagen AG’s namesake car brand slumped to a loss in the fourth quarter as the emissions-cheating scandal tarnished its reputation and added costs to appease customers and dealers. The VW brand posted a loss of €127 million euros in the final three months of 2015, compared with a profit of €780 million a year earlier, according to data …