Bloomberg Hungarian inflation surged to an almost 15-year high as government-imposed price caps on goods ranging from sugar to gasoline failed to rein in price growth. Consumer prices grew an annual 7.9% in January, the fastest pace since August 2007 and exceeding the 7.4% median estimate in a Bloomberg survey, the Budapest-based statistics office said in a statement. The ...

  Bloomberg Stocks extended declines on Friday along with American index futures as red-hot US inflation stoked bets on faster Federal Reserve interest-rate hikes amid febrile speculation about the monetary-policy outlook. The Stoxx Europe 600 index dropped more than 1%, with technology and real-estate shares leading the decline. Carmakers outperformed after strong results from Mercedes-Benz AG. The benchmark remains on ...

  Bloomberg Europe’s food delivery firms are finding out the hard way that investors are no longer willing to look past continual losses and rising costs. Delivery Hero SE’s shares shed close to a third of their value, or about 5.1 billion euros ($5.8 billion), in a record rout as analysts lamented elusive profitability. The bleeding continued with a further ...