Bloomberg Government bonds from the euro region’s so-called peripheral nations may further underperform German securities with a banking crisis in Italy and political gridlock in Spain far from being resolved. While euro-area sovereign bonds are supported by the European Central Bank’s €80 billion ($91 billion) a month asset-purchase program, domestic solvency worries are back in focus. Even as Italian ...

Paris / AFP Standard and Poor’s upgraded its outlook for Turkey’s credit rating, judging the prospects for the nation’s economy to be stable despite political instability that may dampen growth and reform plans. The end to the negative outlook on the BB+ foreign currency rating, one rung below an investment grade, came a day after President RecepTayyipErdogan’s plans to consolidate ...

  Berlin / AFP The EU won’t sacrifice its high food safety standards for better US auto market access in a transatlantic trade deal being negotiated, a German minister said. The comments by Agriculture Minister Christian Schmidt were the latest criticism of the thorny negotiations toward sealing a wide-ranging pact that would create a free-trade zone covering 850 million people. ...