Bloomberg US stocks advanced and bonds retreated globally as upbeat economic reports from China to Europe and renewed hopes for a Sino-US trade deal attracted investors to riskier assets. The euro and pound strengthened. The S&P 500 climbed for a fifth day, equaling the longest winning streak in two months. The Dow briefly erased gains after a gauge of US ...

Bloomberg Italian stocks extended their 2019 rally on Wednesday, with the FTSE MIB benchmark set to enter a bull market, boosted by positive economic data. The benchmark gauge rose 1 percent and has gained 20 percent since reaching a two-year low on December 27 in a broad-based advance led by stocks including Ferrari NV and UniCredit SpA. March’s composite PMI ...

Bloomberg Banco Santander SA pledged to cut 1.2 billion euros ($1.4 billion) of annual costs and ramp up investment in digital and its prized Brazilian business as the Spanish lender seeks to revive its moribund share price. The Spanish banking group plans to achieve the incremental cost cuts over three to four years while investing 20 billion euros in digitalisation, ...