Bloomberg Year after year, as Puerto Rico’s government drew ever closer to ruin, it cut hundreds of millions of dollars from roads, schools and other public works. It neglected the electricity system, leaving it dilapidated and prone to prolonged outages. The water utility, which was leaking untreated sewage, put a $1.4 billion construction plan on hold. At least 5,800 police ...

Bloomberg Irish authorities are bracing to lose out in the race to host the European Banking Authority and the European Medicines Agency following the UK’s departure from the EU, a person familiar with the matter said. Dublin is viewed as having little chance of winning either organisation, which are being forced from London after Brexit, in part due to Ireland’s ...

Bloomberg Denmark wants to bring the so-called sharing economy into its legal codex so that companies like Uber and Airbnb can be absorbed into the Scandinavian welfare model. The Danish government sees little point in resisting the changes these companies represent. Instead, it’s putting forward a number of measures designed to fold the business concept into its tax and labour ...