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  Bloomberg The Spanish economy showed signs of renewed momentum in the first quarter with growth accelerating faster than expected. Output grew 0.8 percent in the three months through March, the National Statistics Office said in a preliminary report. That compares with 0.7 percent in the fourth quarter and beats the median estimate in a Bloomberg survey of economists predicting ...

  Bloomberg Anthem Inc. failed to overturn a court ruling that blocked its planned takeover of rival Cigna Corp., capping a nearly two-year battle to complete a combination of two of the biggest health insurers in the US. The federal appeals panel in Washington upheld a lower court ruling by a 2-1 vote. The court rejected Anthem’s key argument, that ...

  Bloomberg Novo Nordisk A/S has agreed to settle a US probe of its marketing of diabetes drugs that allegedly included disguising salespeople as medical educators and paying kickbacks to persuade doctors to prescribe its medicines. The allegations were disclosed when a whistle-blower lawsuit was unsealed by a judge. The US Justice Department investigation, which began in 2011, focused on ...

  Hannover / Emirates Business UAE-based industries are playing a leading role in employing women and advancing capacity development agendas among women, said HE Ali Majed Al Mansoori at the UAE Pavilion at Hannover Messe, ahead of the WoMenPower conference. WoMenPower is an annual career conference at Hannover Messe that is dedicated to discussing the latest trends regarding women in ...

  Dubai / WAM His Highness Sheikh Mansour bin Mohammed bin Rashid Al Maktoum, on Thursday officially opened the world’s largest Lamborghini showroom in Dubai to accommodate its expanding fleet of extravagant high-performance cars. Located on Sheikh Zayed Road, the 1800 square metres dealership is the largest Lamborghini showroom and service centre in the entire world and spans across three ...

  Abu Dhabi / WAM A refreshed Black Box Cinema project by the celebrated Emirati filmmaker Nawaf Al Janahi, is currently being featured at the 27th edition of the Abu Dhabi International Book Fair (ADIBF), at the Abu Dhabi National Exhibitions Centre, (ADNEC), which opened on Wednesday and runs until May 2. ADIBF is held under the patronage of His Highness ...

  Bloomberg German Chancellor Angela Merkel laid down a tough line for Brexit talks with the UK, reminding Britain it can’t expect preferential treatment as she warned that some officials in London were harboring “illusions.” Addressing the German parliament before the remaining 27 European Union leaders meet on Saturday to discuss Britain’s exit, Merkel said the bloc will put its ...

  Bloomberg Nokia Oyj reported first-quarter sales that topped analysts’ estimates as a slump in wireless-network demand began to ease and the company reaped more revenue for its patents. Revenue fell 4 percent to 5.39 billion euros ($5.9 billion), the Finnish network-equipment maker said on Thursday. Analysts predicted 5.28 billion euros, the average of estimates compiled by Bloomberg. Earnings of ...

  Bloomberg South Korea’s economic growth accelerated in Q1 as a recovery in exports supported investment. Construction investment expanded, while consumption growth remained subdued. Gross domestic product expanded 0.9 percent in first quarter from previous 3 months, when it rose 0.5%, Bank of Korea said. The median estimate of economists surveyed by economists was for 0.8% growth. From a year ...

  Bloomberg China’s plan to build a new city about two hours drive from Beijing has raised hopes it may catalyze better urban design across the nation, enhancing economic efficiency and cutting air pollution. The potential for gains is huge in a country where tens of millions of rural residents will move into urban areas by the end of the ...