Bloomberg The first month of the European Central Bank’s expanded stimulus program has done little to aid the region’s government bonds. Even as the ECB increased its asset-purchase program to €80 billion ($92 billion) in April, from €60 billion, sovereign securities headed for their biggest monthly decline since August, according to Bloomberg World Bond Indexes. Benchmark German 10-year bunds ...

  Bloomberg Oil’s climb above $45 a barrel is reassuring influential figures from BP Plc to the International Energy Agency that the industry is finally recovering from the worst slump in a generation. Others say the market is about to fall into the same trap as last year. There’s a sense of deja vu at Commerzbank AG, BNP Paribas SA ...

  New York / AFP Plunging crude prices battered oil giants’ profits in the first quarter, another blow following credit downgrades, layoffs and drilling cutbacks in the wake of a long rout. Chevron became the latest big oil company to land in the red due to low commodity prices, reporting a loss of $725 million in the quarter ending March 31. ...