Bloomberg Shares of e-commerce companies from Etsy Inc to Shopify Inc tumbled after weaker-than-expected quarterly earnings and forecasts deepened concern that the pace of online shopping has slowed. Etsy sank 17% after providing a second-quarter gross merchandise sales forecast that fell short of analyst expectations, while Canada’s Shopify dropped 15% in New York trading after merchandise volume and revenue ...

Bloomberg Kenya plans to go ahead with a Eurobond sale at possibly the worst time in years. The government still intends to raise $1 billion before the end of June, Treasury Secretary Ukur Yatani told reporters in Nairobi. His remarks came days after his department expressed concern in a document that rising global yields meant borrowing might be too expensive ...

  Bloomberg Ireland’s banking sector needs to be allowed to move on from the financial crisis in order to retain staff, the IMF said, as the debate over caps on bankers’ pay intensifies. “It is important to resolve lingering issues” from global financial crisis which include “recognising banks’ need to retain talent, and noting importance of divesting government ownership,” the ...