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A year after bonds’ peak, traders await ECB guidance

  Bloomberg One year on from the peak in the region’s government bond market, investors will be watching the European Central Bank for signs that this week’s selloff isn’t about to turn into a rout. Benchmark German 10-year bunds slid for the first time in five weeks as France led a wave of supply by selling debt via banks, including ...

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Volkswagen Europe quarterly market share hits five-year low

  Bloomberg Volkswagen AG’s European first-quarter market share reached a five-year low as auto buyers snubbed the German carmaker’s efforts to resolve its emissions-cheating scandal and turned to models from BMW AG, Fiat Chrysler Automobiles NV and Daimler AG. Volkswagen’s brands, including mass-market Skoda and up-market Audi, accounted for 23.4 percent of new registrations in the three months ended March ...

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Chinese group seeks to seal takeover of AC Milan by June

  Thetford / AFP The Chinese investor group pursuing a takeover of the AC Milan soccer club, which is controlled by former Italian Prime Minister Silvio Berlusconi, is targeting a deal by June, people with knowledge of the matter said. The consortium, whose investors have a background in renewable energy and media, has agreed on most key terms and is seeking ...

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