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German, French & Italian industrial production disappoints in March

Bloomberg Industrial production in the euro area’s three biggest economies disappointed in March, possibly signaling slackening demand in Europe. German production, adjusted for seasonal swings, fell 1.3 percent, its second consecutive decline and exceeding a 0.2 percent drop predicted by economist in a Bloomberg survey. In France, output unexpectedly fell 0.3 percent, and Italy saw production stagnate in March after ...

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IMF team arrives in Ukraine to check on new government

  AFP An International Monetary Fund team arrived in Kiev on Tuesday after the formation of a new Ukrainian government resolved a prolonged political crisis that had stalled the release of vital aid. The mission’s visit was long awaited in the cash-strapped former Soviet country as it grapples with the costs of a two-year conflict in the pro-Russian separatist east ...

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Abertis to buy Italian highways for $677 million in growth drive

  Bloomberg AbertisInfraestructuras SA agreed to pay €594 million ($677 million) to buy control of two Italian highways as the Spanish toll-road operator presses ahead with its international expansion plan. Abertis reached an accord with IntesaSanpaoloSpA, AstaldiSpA and the Tabacchi family to buy the two companies that control 51 percent of A4 Holding, which owns the A4 Brescia-Padova and A31 ...

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