Bloomberg Euro-area economic growth slowed in the first quarter, posing a challenge for the European Central Bank as it contemplates paring back monetary stimulus measures. The 0.4 percent expansion was the weakest in six quarters and followed a reading of 0.7 percent at the end of 2017. While temporary factors such as bad weather played a part, another report showed ...

Bloomberg Just when it looked like things couldn’t get any worse for the pound, political risks are back on the market’s radar. Sterling is vulnerable to Thursday’s local elections in England, the resurgence of Brexit uncertainties and the resignation of one of Prime Minister Theresa May’s key pro-European allies in government, according to strategists. The currency made a feeble recovery ...

Bloomberg General Motors Co.’s hot-selling new crossovers are padding profit for the largest US automaker amid a costly retooling of truck factories and restructuring of Korean operations. Adjusted earnings fell to $1.43 a share in the first quarter, beating analysts’ average estimate for $1.24. The Chevrolet Equinox and GMC Terrain drove better-than-expected revenue and buoyed GM through downtime at pickup ...