Bloomberg European car sales showed first signs of a tepid recovery in May as showrooms reopened after a two-month shutdown because of the coronavirus. New auto registrations across the region fell 57% year-over-year, the European Automobile Manufacturers Association said. While that’s the worst May since the group started tracking the data in 1990, it’s an improvement over the 78% plunge ...

Bloomberg UK inflation slowed to just a quarter of the Bank of England’s (BOE) target in May, boosting the case for policy makers to add to their stimulus plan at their meeting this week. Consumer prices increased just 0.5% from a year earlier, the weakest since 2016, amid falling prices of auto fuel and recreational goods. The core rate, which ...

Bloomberg Prime Minister Justin Trudeau’s plan to help Canada’s small businesses pay their rent is off to a slow start, with some landlords hesitant to sign up and others bogged down by red tape. The federal government said earlier this month landlords had applied for only C$90 million ($66 million) from a rent assistance fund on behalf of about 26,000 ...