Bloomberg Euro-area business activity unexpectedly quickened, though the region’s recovery faces headwinds from a fresh wave of Covid-19 infections and “record inflationary pressures.” IHS Markit’s composite Purchasing Managers’ Index rises to 55.8 in November from 54.2 in October, according to a survey of purchasing managers by IHS Markit published. While that defies the median estimate in a survey of analysts ...

Bloomberg California’s ports of Los Angeles and Long Beach delayed charging fines on containers that sit on the docks for too long for a second time this month, arguing the threat alone is helping clear lingering boxes from space-constrained terminals. The plan to charge carriers at least $100 daily for each container waiting nine days or more for trucks to ...

Bloomberg Poland will temporarily cut taxes on household energy bills in a bid to help the central bank stem surging inflation that has become a major concern for the nationalist ruling party’s electorate. The government rolled out a 10-billion-zloty ($2.4 billion) plan to lower the value-added tax on electricity and gas for three months from January. It will also reduce ...