Bloomberg Germany is considering whe-ther to impose a tax on carbon pollution or push to expand the existing European market in an effort to speed up the pace of reducing greenhouse gases. Chancellor Angela Merkel is calling for putting a price on the emissions from industries such as transport and buildings that are outside the European Union’s carbon trading program. ...

Bloomberg The euro area’s manufacturing slump showed tentative improvement in April as Italy’s contraction slowed markedly and French industry stopped shrinking. A Purchasing Managers’ Index came in at 47.9 in April, up from March and a touch above both economists’ estimates and a previous reading for the month. It was still below the 50 level that would indicate expansion. The ...

Bloomberg The cost of California’s controversial high-speed rail project grew to $79 billion, a development likely to embolden opponents such as President Donald Trump, whose administration is already seeking to cancel and claw back federal grants. The segment already under construction in the state’s agricultural region known as the Central Valley is now expected to cost $12.4 billion, up from ...