Bloomberg The era of anemic productivity growth may be coming to an end in the US and Europe. So says the research arm of consultation company McKinsey & Co. in a new 147-page report. It argues that productivity could expand at a 2 percent-plus annual clip over the coming decade versus the roughly 0.5 percent pace in recent years. “We ...

Bloomberg UK PM Theresa May is asking the European Union for flexibility on the length of the Brexit transition period with just over a year before the country leaves the bloc. The UK has said it wants an implementation period to last around two years, while the European Union has stipulated an end date of December 31, 2020. But the ...

Bloomberg American business confidence in the world economy has surged, adding to an uptick in overall optimism as US tax cuts and looser regulation improve the outlook for domestic growth, according to a new study. Some 69 percent of leaders from mid-size companies across the US said they were optimistic about the global economy this year, more than double the ...