Bloomberg Music-streaming service Spotify Technology SA saw its market value jump $779 million as China’s Tencent Music Entertainment Group kicked off its long-awaited US initial public offering. Spotify owns 8.9 percent of the company, whose largest shareholder is Tencent Holdings Ltd. with 59 percent, according to its IPO filing. Spotify closed up 3.2 percent to $140.68 a share on the ...

Bloomberg Less than a decade after the financial crisis nearly tore the euro area apart, a long-anticipated push to shore up the single currency finally started taking shape at a meeting of the bloc’s finance ministers, though it will likely underwhelm those calling for tighter integration. The compromise struck on Tuesday after almost 16 hours of talks in Brussels paves ...

Bloomberg France and Germany agreed to a compromise proposal on how to tax large tech companies that scales back the broad plan initially envisioned by Paris, according to a joint statement issued in the early hours of Tuesday. The new proposal would only tax the European advertising revenue of digital companies at 3 percent, rather than a wider base encompassing ...