Bloomberg Euro-area consumer prices failed to increase for a fourth consecutive month, highlighting policy makers’ struggle to stoke inflation despite multiple rounds of stimulus. Prices fell 0.1 percent in May from a year earlier, the European Union’s statistics office in Luxembourg said on Tuesday. That’s in line with the median estimate in a Bloomberg survey of economists and follows ...

  Bloomberg The pound weakened amid signs that support for the campaign for Britain to leave the European Union had increased. Sterling fell against most of its major peers as Bookmaker William Hill Plc said 85 percent of all EU referendum bets taken over Monday’s public holiday in the U.K. were in favor of Britain exiting the bloc, and that ...

  Bloomberg Profit at Volkswagen AG’s namesake brand crumbled 86 percent in the first quarter, highlighting the challenge the carmaker faces in emerging from the nearly nine-month-old emissions cheating scandal. Operating profit at the VW nameplate dropped to 73 million euros ($81 million) from 514 million euros last year, Europe’s biggest carmaker said in a statement. That gave the marque ...