Bloomberg The ruble weakened the most among currencies worldwide, catching up with the biggest decline in oil in more than a month, as Russian markets reopened following a two-day holiday. The currency slid 2.7 percent to 66.37 per dollar in Moscow, the biggest fall since Feb. 2. That pared its gains in 2016 to 10.8 percent, the most in ...

  Bloomberg In Portugal, where pessimism has become a national characteristic, the Socialist government may be too optimistic about the economic outlook. Finance Minister Mario Centeno predicts expansion of 1.8 percent this year and next and an acceleration to 2.1 percent in 2020 — which would be the fastest in a decade. That makes the government an outlier, with a ...

  Bloomberg Daimler AG Mercedes-Benz is investing about €500 million ($574 million) to build an engine plant in Poland as the luxury-car brand expands to overtake rival BMW. The factory in Jawor in Poland’s southwest will be Daimler’s second engine plant outside Germany. The facility, with a workforce of several hundred employees in its initial phase, will make four-cylinder gasoline ...