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Energy shares lead European stock rebound after 4-week loss

Bloomberg Banks and energy producers led a broad rally in European stocks as investors kicked off the second half of the year. The Stoxx Europe 600 Index added 0.6 percent at 8:21 a.m. in London, rebounding from a two-month low. The benchmark on Friday extended its June declines to 2.7 percent, the worst in a year, halting its longest run ...

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Modi’s reform agenda not yet done as new tax launched

Bloomberg With a landmark goods and services tax now rolling out across India, Prime Minister Narendra Modi is likely to turn his focus to job creation and other key economic reforms. Further big structural steps, such as revamping India’s land acquisition and labor laws, are unlikely to occur before the next national election, scheduled for 2019, as Modi’s Bharatiya Janata ...

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Honda beats June estimates as market concludes drab first half

Bloomberg Honda Motor Co.’s US auto sales rose more than analysts estimated in June, giving a positive start to mid-year reports following a five-month streak of industry declines. The Japanese automaker sold 139,793 vehicles in the US last month, a 0.8 percent increase from the same month last year. Analysts had been expecting a 0.5 percent increase. Sales of the ...

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