Bloomberg Europe’s equity market may finally be getting a hand from the force that has supercharged the US stock rally since the global financial crisis: share buybacks. European companies have unveiled blockbuster repurchase programmes this earnings season as their cash piles swell amid a continued recovery in profits. In non-UK Europe, net equity issuance has turned negative for the first ...

Bloomberg UK house prices fell for a fifth month in a row in July, the longest stretch of declines since the financial crisis. Values fell 0.2 percent from June, bringing the average price for a home to $386,000, Acadata said in a report. London remains a “mixed picture,” with the number of sales in the second quarter falling by 7 ...

Bloomberg Suspended Audi Chief Executive Officer Rupert Stadler lost a bid to end his detention in jail, with a German court saying that there is strong evidence that he turned a blind eye to the corporate shenanigans at the heart of the car company’s global diesel scandal. Stadler’s bid to be released from jail after more than seven weeks was ...