Bloomberg British households received a $497 boost in the last financial year as a booming labour market lifted real incomes to a record high. The median income after inflation rose by 1.4 percent in the year through March to 29,400 pounds, the Office for National Statistics said. It followed a year in which living standards failed to grow for the ...

Bloomberg The trade war between the US and China that’s clouded the global growth outlook will have a lasting negative effect on aluminum demand, Norsk Hydro ASA Chief Executive Officer Hilde Merete Aasheim said. The Oslo-based company pared its demand growth forecast for a second time this year, echoing the dimming outlook painted by top US producer Alcoa Corp. Russian ...

Bloomberg The US reached a deal with Guatemala to stop migrants from other parts of Central America from claiming asylum in the US, President Donald Trump said, and will instead force them to file a claim in Guatemala, a nation that one refugee advocacy group said is neither safe nor able to handle the task. Trump told reporters during a ...