LONDON / Reuters Major global central banks are ramping up purchases of euro zone government bonds, banking sources say, enticed by rising yields, a buoyant single currency and an uncertain outlook for US debt and the dollar. Data shows central banks bought significant chunks of debt issued by Belgium, France and state-backed German development bank KfW in bond syndications last ...

Bloomberg EasyJet Plc, Air France-KLM Group and Cerberus Capital Management have made a joint approach to the Italian airline Alitalia SpA about a possible takeover, said a person familiar with the matter, betting the unprofitable carrier will provide a gateway to expansion in the Mediterranean market. EasyJet, Europe’s second-biggest low-cost airline, said it has submitted a “revised expression of interest ...

LONDON / Reuters Airbus wants Britain to provide more clarity over the country’s future relationship with the EU, or risk losing investment, the European planemaker’s CEO said. “We must have more clarity on the UK’s long-term relationships, not just for the next 20 months,” CEO Tom Enders said in an opinion piece in the Financial Times. “Britain must recognise that ...