Bloomberg Italy’s credit rating was raised one notch to “BBB” by Fitch Ratings, which said the country’s high Covid-19 vaccination rates and an increase in public and private spending will help the economy expand more than expected. The boost in rating reflects confidence in the unity government led by Premier Mario Draghi and its ability to wisely spend over 200 ...

Bloomberg Toronto home prices rise to a record as a sharp decline in the number of properties coming up for sale stoked competition among buyers, leaving little prospect market will cool soon. The average price of a home sold in the Toronto region in November was was about $904,000, up 22% from last year. The number of new listings fall ...

Bloomberg Half of UK businesses expect to increase their prices in response to rising wage costs and supply-chain difficulties. That’s according to a survey by Lloyds Bank, which said that acute shortages of workers persisted into November. It showed that a quarter of companies expect to increase wages by 3% or more in next year in an effort to retain ...