Bloomberg For evidence of just how big Toyota Motor Corp.’s bet is that hybrid cars will dominate new-energy vehicles until at least the end of the next decade, look no further than its battery supplier. Primearth EV Energy Co., despite the name, doesn’t make batteries for the pure electric vehicles that are emerging as a newer rival to gasoline-electric hybrids, ...

Bloomberg Britain’s trade unions will demand that a second referendum on Brexit be kept on the table as the campaign to give the public a final say on Prime Minister Theresa May’s divorce deal gathers pace. The call will be made in an agreed statement by the Trades Union Congress umbrella group on Sunday, according to three people familiar with ...

Bloomberg A potential megadeal between Chinese wireless carriers could give a boost to two companies half a world away: T-Mobile US Inc. and Sprint Corp. China United Network Communications Group Co. is said to be exploring a merger with China Telecommunications Corp., a transaction that would unite the country’s second- and third-largest carriers. The Chinese deal would be part of ...

Bloomberg US workers may be finally getting a pay raise — and perhaps more importantly, they’re earning it by becoming more efficient. Average hourly earnings for private workers increased 2.9 percent in August from a year earlier, the most since the recession ended in mid-2009, the Labor Department said. The gains were broad-based, ranging from manufacturing to retail. The fatter ...

Bloomberg Volkswagen AG Chief Financial Officer Frank Witter was asked this week whether the world’s largest carmaker would be open to selling shares in the luxury-car unit that includes Porsche and Lamborghini. He didn’t say no to the option, which could potentially unlock billions of dollars in value for Volkswagen investors. “It is a legitimate question, without a doubt,” Witter ...

Bloomberg Facebook Inc. is suing BlackBerry Ltd. for patent infringement, escalating the legal battle between the two companies over protected technology. In a 118-page complaint filed filed in San Francisco federal court, Facebook accused BlackBerry of stealing its voice messaging technology, among other patented processes. Facebook is seeking unspecified damages for infringement of six patents. BlackBerry didn’t immediately respond to ...

Is US  President Donald J Trump dismantling the regulatory state? Not close. To be sure, recent headlines give the impression that he is. On one day, the Department of Transportation proposes to scale back fuel-economy requirements for motor vehicles. On another, the Department of Education proposes to eliminate regulations on for-profit colleges, designed to protect against exploitation and abuse of students. ...

Italy’s new government has clearly learned that saying the right sort of thing works. Yields have raced in this week on a barrage of press reports that the populist government is going to respect European Union rules in the 2019 budget. Ten-year BTP yields have fallen nearly 40 basis points this week, driving the spread to German debt down to ...

Whenever there’s a bout of emerging-markets flu, Indonesia catches it. Jakarta may be crying foul, because it looked as though the nation was inoculated: Since May, Bank Indonesia has raised benchmark rates by 1.25 percentage points as insurance against the stronger dollar, almost as aggressive a move as during the 2013 taper tantrum. Meanwhile, President Joko Widodo’s government may increase ...

Apparently, President Donald Trump doesn’t like the news that he sees about himself on Google, Facebook and Twitter. So he’s accusing them of being rigged against him — and against conservatives in general. Absurd as Trump’s claim may be, the tech giants have it coming. Trump is probably wrong that the gatekeepers of the internet are suppressing conservative views and ...