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Europe sets pace for global M&A as politics hurt US deals

Bloomberg Europe, often a laggard compared to the US in mergers and acquisitions, has turned out to be the hot spot for deals this year. A more stable economic outlook and growing confidence in Europe has boosted dealmaking activity in the region, while in the US, the unresolved battle to lower US corporate tax rates as well as fewer blockbuster ...

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‘Britain loses most jobs since two years’

Bloomberg Britain shed jobs at the fastest pace in almost 2 1/2 years between August and October in a sign that the labour market is slowing. The number of people in work fell by 56,000, the most since the period through May 2015, the Office for National Statistics said. The decline exceeded the median forecast of economists. Pay growth accelerated, ...

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Dixons carphone rises on plan to revamp troubled mobile unit

Bloomberg Dixons Carphone Plc surged the most in more than three years as the company’s plans to revamp its struggling mobile-phone unit won over investors. The UK electronics retailer’s shares rose as much as 8.7 percent in London after the company said it planned to reduce the capital intensity of the division, a move that suggests store closures or that ...

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