Bloomberg Euro area inflation will be faster than previously thought this year and next before slipping well below the European Central Bank’s goal in 2023, according to economists polled by Bloomberg. Consumer-price growth will peak at 4.2% late in the fourth quarter, above the previous prediction of 3.6%, according to the median forecast from the survey. A year later, the ...

Bloomberg The European Union (EU) will unveil new rules for companies selling six major commodities in a bid to cut global deforestation. The European Commission, the 27-nation bloc’s executive arm, wants the draft regulation to cover soy, beef, palm oil, wood, cocoa and coffee, as well as some derived products such as chocolate, leather and furniture. The plan will require ...

Bloomberg Most Asian stocks fall on Wednesday as the dollar held around a one-year high, bolstered by robust US economic data that highlighted the case for tighter monetary policy and pushed up Treasury yields. MSCI Inc’s Asia-Pacific stock index snapped a four-day climb, with Japan lower amid slower export gains. US and European futures fluctuated. The S&P 500 extended a ...