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Britain gains momentum on trade and consumer spending

  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 ...

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Only Germans love the euro these days

  French presidential candidate Marine Le Pen unsettled investors with her pledge to pull France out of the euro and re-denominate all French debt in newly minted francs. Polls suggest Le Pen won’t get the chance; she is expected to lose a second-round runoff. Even if polls are correct this time, that doesn’t mean the euro is safe. In fact, ...

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Unilever’s boldest defence? A Colgate or Nestle deal

  Unilever was all smiles when Kraft Heinz Co. abandoned its attempt to buy the U.K. consumer company for $143 billion. In an unusual joint statement, the two companies referred to their “high regard” for each other. This isn’t how bitterly contested takeover situations normally end. The Anglo-Dutch consumer giant must have wanted to end things amicably — or at ...

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