Bloomberg Peru is heading to a presidential runoff in June after early results showed a fragmented and politically divided nation with no candidate getting anywhere close to the threshold needed to win outright. As voting stations closed Sunday, Pedro Castillo, a community organiser and union leader who appeared sixth on the polls just a week ago, was leading the race ...

Bloomberg Italian Prime Minister Mario Draghi is bringing forward plans for as much as 40 billion euros ($48 billion) in new borrowing as the cost of keeping the economy afloat drains the state’s coffers and street protests heap pressure on the government, according to two people familiar with the matter. The government will need between 35 billion and 40 billion ...

Bloomberg UK exporters reported lower sales in the first quarter after Covid-19 and the completion of Brexit added to shipping delays, higher transport costs and more extensive paperwork. The British Chambers of Commerce said 41% of businesses had lower revenue from overseas sales in the first quarter of the year, up from 38% in the final three months of 2020. ...