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VW to lure German buyers back to showrooms

Bloomberg Volkswagen AG is starting a sales initiative to revive demand in its domestic German market as consumer uncertainty across Europe’s largest economy risks choking off factory restarts. The world’s biggest carmarker will offer improved leasing and financing terms and payment-protection insurance in case buyers lose their jobs, VW’s passenger-car division said on Monday in a statement. The program for ...

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ECB heads for more stimulus as courts spar over limits

Bloomberg In the middle of a spat between Europe’s top courts over the limits of European Central Bank (ECB) monetary stimulus, President Christine Lagarde is probably preparing to do even more. A lawyer herself, Lagarde says her institution is “undeterred” by a legal tussle over its 2.7 trillion-euro ($2.9 trillion) asset-purchase program, and will do what’s needed to carry the ...

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European stocks rise with US futures; crude declines

Bloomberg European stocks advanced and US index futures edged higher following a mixed session in Asia, as investors weighed moves across the globe to relax restrictions for the coronavirus. Crude oil slipped, while Treasuries were steady. Gains in banks and miners drove the Stoxx Europe 600 Index higher at the open. Contracts on the three main American equity indexes also ...

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