Bloomberg Spain’s government trimmed its 2021 annual economic growth forecast to 6.5% after renewed pandemic restrictions led to a worse-than-expected first quarter, Economy Minister Nadia Calvino said in a presentation. The government’s previous outlook, published in October, forecast a baseline economic expansion of 7.2% this year and as much as 9.8% if the European Union pandemic recovery funds were quickly ...

Bloomberg Italy eased lockdown restrictions, lifting some curbs that have been weighing on the economy in the region surrounding Milan and across the country as the latest virus resurgence slows. Health Minister Roberto Speranza signs a decree to shift six regions classified as high-risk “red” areas to medium-risk “orange” status, his office said in a statement. The development means that ...

Bloomberg Microsoft Corp.’s LinkedIn faces a probe by the Italian privacy watchdog after reports that the personal data of some 500 million users was scraped off the platform and posted online. The Italian authority said in a statement that it started an investigation following “the dissemination of user data, including IDs, full names, email addresses, telephone numbers.” The regulator said ...