Bloomberg European carmakers had another difficult month in October with car registrations slumping once more, putting to the test a fourth-quarter bounce-back forecast by Volkswagen AG and Daimler AG. Deliveries of new passenger cars slid 7.4 percent in the European Union and European Free Trade Association in October from a year earlier, compounding a 23 percent drop during September, according ...

Bloomberg The good times are coming to an end in the corporate debt market, and the turmoil in General Electric Co (GE) credit is a sign that things can get much worse. That’s what a growing chorus of money managers are saying. About half of the $5 trillion market for investment-grade bonds now resides in the lowest tier of ratings. Many ...

Bloomberg Theresa May rolled the dice with a dramatic reshuffle of her ministerial team as she battles to cling onto her job and stop her own party tearing up her Brexit deal. The prime minister reduced the power of her critics and promoted allies to key positions as she took personal charge of the final days of the UK’s divorce ...