Bloomberg Deutsche Telekom AG has kicked off the sale of its T-Mobile Netherlands BV subsidiary, which could be valued at around 4.5 billion euros ($5.3 billion), according to people familiar with the matter. The telecommunications operator is working with Morgan Stanley and has sent out information on the business to potential bidders. It has asked for first-round offers to be ...

Bloomberg Canada’s international trade balance swung into a deficit in May as exports dropped for a second month and imports recovered. The nation posted a merchandise trade gap of C$1.39 billion ($1.1 billion) in May from a revised C$462 million surplus the previous month, Statistics Canada reported in Ottawa. Economists were predicting a surplus of C$440 million. Exports were down ...

Bloomberg London moved back ahead of Amsterdam as Europe’s largest share trading center in June, reclaiming the top spot for the first time this year after Brexit pushed much of the city’s volumes to the continent. An average 8.92 billion euros ($10.6 billion) of shares a day were traded on various London venues in June, compared with 8.8 billion euros ...