Bloomberg On the last page of a nine-page tax plan that calls for slashing business rates, President Donald Trump and congressional Republicans proposed a little-noticed, brand-new tax that may hit companies like Apple Inc. and Pfizer Inc. It’s contained in one sentence: “To prevent companies from shifting profits to tax havens, the framework includes rules to protect the US tax ...

Bloomberg A hard Brexit could be a lot more painful for the UK than for the European Union. Britain’s automotive, technology, health-care and consumer goods sectors may lose $22.8 billion a year in export revenues when the UK leaves the single market and customs union, according to a report released on Monday by Chicago-based law firm Baker & McKenzie LLP ...

Bloomberg Euro-area factories are scrambling to add staff as burgeoning orders stretch capacity. A Purchasing Managers Index for the region’s manufacturing industry rose to 58.1 in September from 57.4 the previous month, London-based IHS Markit said on Monday. That compares with a preliminary reading of 58.2 and is the highest level in more than six and a half years. A ...