Bloomberg UK Prime Minister Theresa May came under pressure to tighten takeover rules, and do so quickly, in the wake of the failed Kraft Heinz Co. bid for Unilever Plc. “I use the expression sitting ducks, and I’d worry about who’s next,” Vince Cable, Business Secretary until 2015, said in an interview. “We have very weak takeover code in ...

  Bloomberg German business confidence unexpectedly improved, underpinning the Bundesbank’s prediction that economic growth strengthened at the start of the year. The Munich-based Ifo institute’s business climate index rose to 111 in February from a revised 109.9 in January. That compares with a median estimate of 109.6 in a Bloomberg survey of economists. The German economy expanded at the fastest ...

  Bloomberg The UK economy grew more than previously estimated in the final three months of 2016 but it may be the last hurrah. Gross domestic product rose 0.7 percent instead of 0.6 percent, the Office for National Statistics said on Wednesday. It followed growth of 0.6 percent in the previous two quarters. Trade and consumer spending provided the biggest ...