Bloomberg Not long after US authorities filed sealed charges against Volkswagen AG’s old chief executive officer, they granted the new CEO a rare safe-passage deal. The Justice Department agreement allows Herbert Diess, promoted last month to lead the German automaker, to travel the world freely without fear of being arrested in connection with the US’s diesel-rigging investigation, according to two ...

Bloomberg Once again, the pound’s fortunes lie with the Bank of England. Traders will scrutinise the central bank’s policy decision on Thursday for any signs that an interest-rate hike this year is still in the cards. A lot of bad news has already been baked into the UK currency and a “relatively hawkish hold” from the BOE could push it ...

Bloomberg German factory orders unexpectedly dropped in March and February was revised lower, confirming a weak start to the year in Europe’s largest economy and raising concern over the strength of the euro-area growth. Orders slid 0.9 percent, compared with a median estimate for a 0.5 percent increase in a Bloomberg survey. With February’s figure revised to minus 0.2 percent ...