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England eases lockdown rules after almost 100 days

Bloomberg Non-essential retailers as well restaurants with outdoor space reopened across England after almost 100 days of lockdown, hoping pent-up demand will translate into strong sales. Retailers from luxury department store Harrods to budget fashion chain Primark have been lining up new spring and summer ranges, while restaurants have been buying tents to host outdoor gatherings in a bid to ...

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Darktrace plans first major IPO in London

Bloomberg British cybersecurity company Darktrace Plc announced plans for an initial public offering in London, marking the first major company to plan a listing on the exchange after Deliveroo Holdings Plc flopped in its market debut. The IPO is expected to value the company at about $3 billion to $4 billion, a person familiar with the matter said. Darktrace and ...

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German industrial output falls unexpectedly amid virus curbs

Bloomberg Germany and France, the euro area’s two largest economies, both saw unexpected declines in industrial production in February, suggesting that coronavirus restrictions are increasingly harming parts of the economy that have proved resilient so far. German output dropped 1.6% from the previous month, surprising all but three economists in a Bloomberg survey. Production in France slumped 4.7% and stagnated ...

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