Bloomberg The European Union (EU) agreed to avoid escalating its dispute with the US over metal tariffs, sparing iconic products such as Harley Davidson motorbikes from a doubling of EU duties next month. At issue is a high-profile disagreement that started in 2018 when former US President Donald Trump imposed duties on steel and aluminum from Europe, Asia and elsewhere ...

Bloomberg Peru’s presidential candidates are virtually tied in a mock election carried out by pollster Ipsos. Pedro Castillo’s lead over Keiko Fujimori has dwindled to less than 2 percentage points and is within the margin of error ahead of the June 6 runoff, according to El Comercio newspaper. The results are the latest to show Castillo’s once double-digit lead greatly ...

Bloomberg China’s central bank injected medium-term cash into the financial system, in an effort to keep borrowing costs stable as China’s economy continues its recovery from the coronavirus pandemic. The People’s Bank of China added 100 billion yuan ($15.5 billion) of one-year funds with its medium-term lending facility on Monday, matching the amount coming due in a move that was ...