U.K. Labour Drops Opposition to Referendum on EU Membership

The U.K. Labour Party dropped its opposition to holding a referendum on Britain’s membership of the European Union, reversing a position it held before the general election.

German Bonds’ Turbulent Week Ends With Rally as Rout Seen Over

Germany’s government bonds rose for the first time in three days, ending a turbulent week in which European Central Bank officials reiterated their commitment to a debt-purchase program amid signs of an uneven economic recovery.

EU referendum: Airbus UK chief warns Brexit would hurt jobs and investment

The head of Airbus in the UK has warned that the defence and aircraft company would reconsider its investment in the country in the event of Britain leaving the EU, saying such a move would be destructive with “enormous ramifications” for the UK’s long-term future.

Banks Seen Fueling U.K. Property Risk With Loose Loan Safeguards

Banks are relaxing safeguards as they boost lending to commercial-property developers in the U.K., fueling concern they’re sowing the seeds of another real estate collapse.

Europe car sales shows broad-based rise in demand - ACEA

New car registrations in Europe rose 6.9 percent in April, industry data showed, on growth in large markets like Italy, France, Germany and Great Britain, and as demand for mass market brands like VW outpaced sales of premium vehicles.