Bloomberg The US budget deficit as a share of the economy widened for the first time in seven years, marking a turning point in the nation’s fiscal outlook as an aging population boosts government spending and debt. Spending exceeded revenue by $587.4 billion in the 12 months to Sept. 30, compared with a $439.1 billion deficit in fiscal 2015, …

  Paris / AFP Thousands of people demonstrated Saturday in France, Spain and Poland against a EU-Canada free trade deal and a far more ambitious agreement with the United States. Activists charge that the Canada deal will set a dangerous precedent and open the way for a similar but far more sweeping pact with Washington, the Transatlantic Trade and Investment Partnership …

  Bloomberg Nordea Bank’s Stable Return fund, Europe’s fastest growing asset manager, is betting the British pound is now on its way up. It’s a shift of strategy from earlier this year, when the 20 billion-euro ($22 billion) fund bet against sterling using the yen. It profited from that wager, with the pound losing 28 percent this year against the …