Bloomberg A top European Union official reiterated the bloc’s demand for a permanent exemption from the US’s steel and aluminum tariffs, as a temporary reprieve is set to expire on May 1 and fears mount that escalating trade tensions could threaten the global economy. European Commission Vice President Valdis Dombrovskis said the EU is in close contact with US authorities ...

Bloomberg European car sales turned in their weakest performance in the first quarter since an industrywide contraction five years ago, as UK consumers’ apprehension over Brexit continued to erode demand in the region’s second-largest market. First-quarter registrations edged up 0.6 percent, according to figures released by the Brussels-based European Automobile Manufacturers’ Association, or ACEA. The gain was the slowest since ...

Bloomberg Netflix Inc. used to worry it would alienate customers by raising prices for its streaming service. Not anymore. The company posted its strongest first quarter since going public 16 years ago, despite raising prices for most of its customers over the past several months. Los Gatos, California-based Netflix added 7.41 million users in the period, accord-ing to a statement, ...