Bloomberg The U.K.’s steel crisis — worsened by Tata Steel Ltd.’s decision to sell its plant in Port Talbot, South Wales — has been exacerbated by three green taxes that the government implemented to boost clean energy, according to the manufacturers’s association EEF. The three levies are the Carbon Price Floor, Renewables Obligation and Feed-In Tariff policies. Each works differently. ...

Bloomberg Benchmark Treasuries logged their best week since January even as data pointed to U.S. job-market strength. The rally shows traders are betting the Federal Reserve is focusing more on the struggling global economy than on data back home, according to Aaron Kohli of BMO Capital Markets. Treasuries are off to their best annual start since 2008 as slowing economies ...

Bloomberg Brazil’s state-controlled oil company is offering employees a voluntary dismissal plan as part of an effort to deepen spending cuts to withstand the worst oil market in a generation. Petrobras expects 12,000 employees to quit under the program at a cost of 4.4 billion reais ($1.2 billion), it said in a statement. The staff reductions will save the company ...