Bloomberg New Zealand’s main opposition National Party appointed its fifth leader in four years, choosing newcomer Christopher Luxon to restore its support and take on Prime Minister Jacinda Ardern. Luxon, a former Air New Zealand chief executive, was elected leader by National Party members of parliament at a caucus in Wellington. The 51 year-old is the protégé of former prime ...

Bloomberg UK consumers took on unsecured loans at the fastest pace since the aftermath of the first lockdown, adding to signs that people are becoming more willing to spend. Consumer credit rises 706 million pounds ($942 billion) in October, more than economists forecast the highest figure since July last year, Bank of England figures show. Borrowing on credit cards accounted ...

Bloomberg French inflation accelerated in November to the quickest pace in more than a decade as surging energy and manufactured goods prices offset a fall in fresh food costs. After Germany recorded a 6% surge in prices in the same period, the inflation data for the euro area’s second largest economy adds to concerns over the ECB’s insistence that the ...