Bloomberg Factories across Asia and Europe are increasingly feeling the brunt of the festering U.S.-China trade war that shows no imminent sign of ending. Purchasing managers’ indexes from some of the largest economies on both continents remained below 50 in July, signaling contractions in industrial output. Germany, the motor of Europe’s growth, is mired in its worst manufacturing slump in ...

Bloomberg When a potential cliff-edge Brexit loomed last spring, Albion Stone stockpiled equipment and materials as a precaution against disruptions. Not this time around. Michael Poultney, the business director at the Redhill, England-based firm, is still smarting after spending more than $240,000 on preparations, only to see Britain’s exit from the European Union pushed back to October 31, or perhaps ...

Bloomberg California, New York and 10 other states sued the Trump administration for weakening Obama-era auto regulations intended to increase industry compliance with federal fuel-efficiency standards. The suit filed in the federal appeals court in Manhattan challenges a final rule issued by the National Highway Traffic Safety Administration that reduces financial penalties for companies that fail to meet corporate average ...