Bloomberg German industrial production failed to grow for the first time in eight months in December, adding to signs that the economy is being weakened by the second wave of the pandemic. Output stagnated at the end of last year as gains in manufacturing were offset by weaker construction. Economists had expected a 0.3% gain. “The outlook for the industrial ...

Bloomberg Mario Draghi told lawmakers he’ll make a common euro-area budget a policy priority for Italy if he becomes prime minister this month, in a sign of his ambitions for the incoming administration. Carlo Calenda, head of the Azione party, and Manfred Schullian, head of the group of unaffiliated lawmakers in lower house, both told Bloomberg that Draghi had emphasised ...

Bloomberg US stocks were mixed after a six-day rally as investors debated whether commitments by the Federal Reserve and the Biden administration to let the economy run hot will spark destabilising inflation. The S&P 500 Index edged lower, taking a break from a rally fueled by signs the Biden administration intends to pass a sizable aid bill while the central ...