Bloomberg Europe and South America’s leading customs union struck a free-trade deal after 20 years of talks, notching up a major win in a global market-opening drive that counters the protectionism of US President Donald Trump. Top European Union officials reached a breakthrough in market-opening negotiations with counterparts from the Mercosur group of Argentina, Brazil, Paraguay and Uruguay, paving the ...

Bloomberg BlackBerry Ltd shares fell the most in a year after reporting sales from its software and services unit slowed and a recent acquisition contributed less of a boost than some analysts expected. Revenue in the fiscal first quarter was $247 million, the Waterloo, Ontario-based company said, up 16 percent from a year earlier. BlackBerry reorganised its reporting units, combining ...

Bloomberg US consumer spending in the first quarter was even weaker than previously reported on lower outlays for services while business investment was revised higher, leaving the pace of economic growth at a still-solid 3.1 percent. Consumer spending, the biggest part of the economy, grew at a 0.9 percent annual pace, according to a Commerce Department report, the slowest in ...