Bloomberg A gauge tracking Poland’s manufacturing industry had its second-biggest one-month decline since the global financial crisis in late 2008, marking “an abrupt loss of momentum” at the start of the second quarter, according to Markit Economics. The Purchasing Managers’ Index fell to 51 last month from 53.8 in March, remaining above the 50 threshold that separates contraction from ...

  Bloomberg Germany and Austria’s prospective breakup of their shared €200 billion-($227 billion) power market is vexing traders and companies that say splitting the union will push up manufacturing costs and drive away investment. Lechwerke AG, a German utility, is resisting supplying its Austrian clients with longer-dated power contracts because it doesn’t know how much to charge them if the ...

  Bloomberg President Dilma Rousseff promised increased spending on her party’s most popular social program and took other measures aimed at her electoral base, less than two weeks before Brazil’s Senate is expected to vote in favor of the impeachment process she calls a coup d’etat. At a rally of labour unions and Workers’ Party faithful in Sao Paulo on ...