International News

Bloomberg Facebook Inc. expressed a “willingness to engage” with European Union regulators in the wake of fresh evidence showing that data on most of the social network’s 2 billion users could have been accessed improperly. Justice Commissioner Vera Jourova is in touch with Facebook “to arrange for high-level contacts in the coming days,” her spokesman Christian Wigand told reporters at ...

Bloomberg UniQure NV is getting a second chance. The Dutch biotech company is angling for a comeback in gene therapy after Glybera—its groundbreaking, $1 million treatment for a rare condition—fizzled in 2017. Now UniQure is shifting the technology to the more-promising market for hemophilia, its once-battered shares have rallied back, and the company may be a takeover target. Heightened attention ...

Bloomberg Uber Technologies Inc is appointing two new independent non-executive directors to its UK board as it continues its bid to shore up its reputation in one of its major markets. Susan Hooper was previously head of the travel division at Acromas Group, while Roger Parry is non-executive chairman of software company Oxford Metrics and polling company YouGov Plc. The ...

Bloomberg The European Union can help settle the burgeoning trade spat between the US and China, European Commission Vice Presidents Jyrki Katainen and Valdis Dombrovskis said. Rather than participate in the dispute, the EU can leverage its role as the world’s largest market to uphold the rules of international trade and push back against unilateral tariffs like the ones backed ...

Bloomberg Blackstone Group LP is in the early stages of marketing a group of select-service hotels, according to people with knowledge of the matter. A sale of about 15 US properties would be part of the ordinary course of managing a large portfolio, said one of the people, who asked not to be identified because the process is confidential. While ...

Bloomberg The Trump administration has softened a key Nafta demand for more North American content in car manufacturing—a potential olive branch on arguably the biggest sticking point as the US pushes to reach a stopgap deal this month, according to three people familiar with the talks. The US proposal would distinguish between different Nafta car parts by grouping them into ...

Bloomberg The Pentagon says it’s received 1,089 comments—including submissions from 46 companies—on its plans for a multibillion-dollar cloud computing contract in a sign of the intense interest and sharp debate over a winner-take-all award that competitors say will favour Amazon.com Inc. Industry comments and questions, but not the names of the companies making them, will be posted along with the ...

Bloomberg Tesla Inc. needs to brace for another setback after China included electric cars among American products that it’s targeting with additional tariffs in its counter-punch to the US. While other autos imported from the US were also on the list, including most types of SUVs, Tesla is at a particular risk because it relies on American-made vehicles for all ...

Bloomberg PSA Group Chief Executive Officer Carlos Tavares played down concerns about Brexit as he unveiled a plan by the French carmaker to invest in a factory near London in a bid to revive the Vauxhall brand it acquired last year. “We are hearing many remarks from the UK government that make us think that they are negotiating with the ...

Bloomberg Martin Sorrell’s once-undisputed control of the advertising giant he’s assembled over more than 30 years may be slipping away. The firm, WPP Plc, is investigating allegations of personal misconduct by the 73-year-old Sorrell. The company statement—along with a denial by Sorrell—was released after news of the probe was leaked to the Wall Street Journal, which reported that the accusations ...