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Europe tightens restrictions as leaders gird for long virus fight

Bloomberg Europe is tightening restrictions to regain control of resurgent coronavirus infections, with Paris closing restaurants and new curbs likely on the way in Italy and Ireland. The continent is struggling to control the latest outbreak as opposition to limits on movement mounts and leaders resist the stringent lockdowns that hammered economies in the second quarter. Instead, the approach is ...

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UK car sales stumble again, erasing hope of quick recovery

Bloomberg UK car sales fall for a second straight month, sliding 4.4% in the country’s weakest September for auto purchases in more than two decades. Registrations dropped to 328,041 cars, according to data from the Society of Motor Manufacturers and Traders. That follows a 5.8% decline in August and dashes hopes for an early recovery from a coronavirus-driven slump. The ...

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Nexi to buy SIA in $5.3 billion deal to form payment giant

Bloomberg Italy’s Nexi SpA agreed to buy SIA SpA in an all-share deal that will create one of Europe’s biggest payment providers. The transaction, which values closely held SIA at 4.56 billion euros ($5.3 billion) will give Nexi shareholders about 70% of the joint company. The combined business will have annual revenue of about 1.8 billion euros and a market ...

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