Bloomberg Brexit campaigners sought to seize back the initiative in the referendum battle as eight high-profile economists declared Britain would do better outside the European Union. Analysis published by the Treasury on the consequences of leaving the EU is a “misleading piece of propaganda,” according to the group, which includes Patrick Minford, a professor at Cardiff University, Gerard Lyons, ...

  Bloomberg Tata Steel Ltd. said that while it has no fixed deadline to sell its ailing U.K. steel operations, it must act quickly to stem losses. “Urgency is important,” Bimlendra Jha, chief executive officer of the company’s U.K. business, told a committee of U.K. lawmakers on Thursday. “We cannot continue to bleed.” Tata Steel said last month that it ...

  Bloomberg Exxon Mobil Corp., Dow Chemical Co. and OMV AG lost a court challenge to a European Union decision to cut the number of free emission permits they receive under the region’s carbon market, the bloc’s highest court ruled on Thursday. But the EU Court of Justice in Luxembourg delayed the implementation of its ruling by 10 months so ...