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German investors more optimistic post trade deal

Bloomberg Investor confidence in Germany’s growth outlook rose to the highest in more than four years after easing trade tensions bolstered prospects for the country’s ailing manufacturers. ZEW’s index of expectations for the next six months increased to 26.7 in January, exceeding all estimates in a Bloomberg survey. The gauge turned positive last month for the first time since April, ...

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EU gets court win in crackdown on Spanish tax breaks

Bloomberg The European Union (EU) got a boost in its crackdown on tax breaks for Spanish companies buying stakes in foreign firms after EU judges said a challenge involving Banco Santander SA was inadmissible. The EU Court of Justice rejected a Spanish tax tribunal’s request for guidance on the validity of European Commission decisions that found those tax breaks violated ...

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UK employment rate hits record high

Bloomberg The UK labour market held up in the face of political turmoil in the three months through November, giving Bank of England (BOE) policy makers pause as they weigh whether to cut interest rates. The employment rate hit a record high after the number of people in work surged by 208,000, the most in almost a year and double ...

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