MADRID / Reuters The sale of hundreds of subsidised flats by Madrid’s former city council to private equity investors such as Blackstone was riddled with flaws, a preliminary report from a local auditing body said. The 2013 sale has long been a target of public anger in Spain at a time when the economy is still recovering from a deep ...

Bloomberg American household borrowing climbed more than forecast in February from a month earlier, led by financing for automobiles and college education. The $17.2 billion increase followed a $14.9 billion gain in the prior month that was larger than previously estimated, Federal Reserve figures showed on Friday. Non-revolving credit, which includes student and automobile loans, rose while revolving credit, which ...

VANCOUVER / Reuters British Columbia said it had reached a C$480 million ($369.7 million) deal to sell a large swath of land on Vancouver’s exclusive west side to three local aboriginal groups, opening up the property for potential redevelopment. The deal, which includes two parcels totaling a combined 38.8 acres (15.7 hectares), will give the Musqueam, Squamish and Tsleil-Waututh Nations ...