Bloomberg K-Swiss Inc. is introducing a line of sneakers designed for video-game competitions, another attempt by athletic brands to capitalise on the burgeoning esports market. The new shoes sell for $110 and bear the logo of Immortals, an esports organisation that fields teams for the games Overwatch and Counter-Strike: Global Offensive. K-Swiss is now readying a “performance” version of the …

Bloomberg Mario Draghi said risks to the euro-area economy are worsening even as he called time on the European Central Bank’s flagship deflation-fighting tool. The ECB president told reporters in Frankfurt that while risks are still “broadly balanced,” they are now “moving to the downside” because of a range of concerns over geopolitics, trade protectionism and market volatility. The significant …

Bloomberg Federal Reserve officials will pull the trigger on another interest-rate increase next week before slowing the pace of hikes in 2019 as risks to the US economy mount, according to a new Bloomberg survey of economists. They expect the Fed will raise rates by a quarter percentage point at its December 18-19 meeting while dialing back the number of …