Bloomberg Europe’s new-vehicle sales shrank for a 10th month in a row as the industry remains mired in supply-chain crises that are stoking record inflation and threatening to put off car buyers. Registrations fell 20% to 830,447 vehicles in April, the European Automobile Manufacturers’ Association said, the steepest decline this year. Stellantis, the carmaker formed from the merger of ...

Bloomberg Paris tourism is bouncing back as European and American visitors return to take in the sights of the French capital after two years of Covid-related lockdowns and restrictions. The city is the second-most sought-after destination worldwide this year, behind London, according to booking aggregator Trivago. That has steadily pushed up hotel room rates and occupancy since the beginning of ...

  Bloomberg The wreckage of a $5 trillion rout in emerging markets is starting to look like a buying opportunity to some intrepid investors. The pain points are all too obvious: Stocks have fallen below their average valuations of the past 17 years. Local-currency bond yields have soared through a range that’s held since the 2008 crisis. Spreads on dollar ...