Bloomberg The Philippine economy expanded less than economists forecast last quarter as government and consu-mer spending weakened. Stocks and the peso fell. Gross domestic product increased 6.4 percent from a year earlier, the Philippine Statistics Authority said in Manila on Thursday, after expanding 6.6 percent in the fourth quarter. The median estimate of 14 economists surveyed by Bloomberg was for ...

Bloomberg Facebook Inc. was fined 110 million euros ($122 million) by the European Union for misleading regulators during a 2014 review of the WhatsApp messaging service takeover on the same day the EU threatened to heavily penalize Patrick Drahi’s Altice NV for implementing for a second time a deal before getting regulatory clearance. The European Commission won’t overturn approval for ...

Bloomberg US wheat grabbed its first sale to the Egyptian government in more than two years as the world’s biggest buyer requested grain with a higher protein content, knocking France out of the mix. Egypt’s General Authority for Supply Commodities bought two cargoes of US wheat totaling 115,000 metric tons, of 39 percent of the amount purchased, according to two ...