Bloomberg Alphabet Inc. is changing a closely watched measure of Google’s digital advertising business and adjusting how it accounts for some private stock holdings, a move that will make reported income more volatile. The main difference is in how Google discloses the performance of its Network business, which runs ads on thousands of third-party websites. This will no longer be …

Bloomberg European Central Bank (ECB) Executive Board member Benoit Coeure said the trade spat picked by the US risks increasing the burden on central banks — as well as hurting the poor — by dimming global growth prospects. Protectionist sentiment has already “contributed to tighter financial conditions,” Coeure said at the Ambrosetti Forum in Cernobbio, Italy. “A ‘trade war’ scenario …

Bloomberg India’s central bank kept interest rates unchanged for the fourth straight meeting and cut its inflation forecast citing lower food prices. Reserve Bank of India Governor Urjit Patel and his monetary policy committee retained the benchmark repurchase rate at 6 percent. The move was predicted by all 42 economists in a Bloomberg survey. Five of the six-member MPC voted …