Bloomberg The UK is set to open the first contest in a decade intended to draw as much as $25 billion of investment in offshore wind farms. The move in a competitive auction for leases where developers can plant large-scale turbines at sea will bring at least 7 gigawatts of new power generation capacity to the UK grid and speed ...

Bloomberg Apple Inc may only need to wait until Tuesday to get early clues about its chances of success in the biggest tax case in recent history. The iPhonemaker has been arguing its case at the European Union’s General Court to topple a record 13 billion-euro ($14.3 billion) EU tax order. This week the same panel of judges will deliver ...

Bloomberg Vonovia SE will become the largest landlord in Sweden after buying Stockholm-based apartment owner Hembla AB for about $1.3 billion. Following its 2018 purchase of Victoria Park, the deal is the German company’s second in the Swedish market and will increase its portfolio in the country to more than 38,000 apartments, overtaking Rikshem and Heimstaden, according to Vonovia. Germany’s ...

Bloomberg Google workers will listen to audio snippets of people speaking to its digital voice assistant to help improve the product’s quality — if users give the company permission to do so. Alphabet Inc’s Google paused all human review of assistant audio in July after a Dutch contractor leaked some clips to a journalist, who was then able to identify ...

Bloomberg Germany’s private sector is suffering its worst downturn in almost seven years as a manufacturing slump deepens, raising pressure on the government to add fiscal stimulus. A Purchasing Manager’s Index fell to 49.1 in September from 51.7 a month earlier, according to IHS Markit. The reading was worse than economists predicted and the lowest since October 2012. It’s also ...

Bloomberg The UK government deployed the “largest repatriation in peacetime history” to bring home more than 150,000 tourists stranded on overseas beaches and in vacation hotspots by the collapse of tour operator Thomas Cook Group. The massive airlift, using chartered jetliners, follows the collapse of the 178-year-old company after eleventh-hour fundraising talks with investors failed. The move saw all bookings, ...

Bloomberg Ukraine’s novice leader may have thought Vladimir Putin would pose his biggest diplomatic challenge. Five months after being elected, it’s Donald Trump who’s giving him a crash course in the perils of international politics. President Volodymyr Zelenskiy is being pulled into the storm surrounding the 2020 US election over a July phone call during which media allege Trump repeatedly ...

Bloomberg Secretary of State Michael Pompeo said the US is “working diligently” towards a diplomatic resolution with Iran after accusing the Islamic republic of attacks on Saudi Arabian oil fields, but that President Donald Trump is prepared to take other action if necessary. “Make no mistake about it, if we’re unsuccessful in that and Iran continues to strike out in ...

Bloomberg President Donald Trump endorsed India’s need for “border security” at a rock concert-like event in Houston with Prime Minister Narendra Modi, whose government seeks to expand its control of the disputed territory of Kashmir. Sharing a stage in Houston and later walking hand-in-hand around a football stadium, Trump received Modi’s endorsement in front of more than 50,000 Indian Americans ...

Bloomberg Boris Johnson started a week of intense diplomacy on Monday, as he tried to push for a Brexit deal on the sidelines of the United Nations General Assembly in New York. The British prime minister was expected to hold meetings with all the key players — Germany’s Angela Merkel, French President Emmanuel Macron, Irish Prime Minister Leo Varadkar and ...