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German investor confidence tumbles amid risk of trade war

Bloomberg German investor sentiment slumped to its lowest level since September 2016 as concern intensified that Europe’s largest economy could be hurt by a global trade war and a strengthening euro.The ZEW Center for European Economic Research in Mannheim said on Tuesday that its monthly index of investor expectations fell to 5.1 in March from 17.8. Economists in a Bloomberg ...

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US tariffs may add 19,000 steel, aluminum jobs: study

Bloomberg US tariffs on aluminum and steel imports will add thousands of jobs at domestic producers, offsetting labour losses in other industries, while economic growth will slow by a tiny percentage, according to the Coalition for a Prosperous America. The study is from the nonprofit organisation, which has supported the US administration’s skepticism towards free trade. The group estimates President ...

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Publicis boosts growth target, asserts market leader status

Bloomberg Publicis Groupe SA, the world’s third-largest advertising company, lifted its outlook for growth on the conviction that it’s the best placed to triumph over structural changes in the industry. “We believe that we are the only ones who have the right assets to succeed,” Publicis Chief Executive Officer Arthur Sadoun said in an interview ahead of an investor presentation ...

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