This has been the summer of the electric scooter in Europe; but the UK and Ireland, which still ban the things, are probably right to hold out. So far, no government in the region has figured out a good way to regulate them. US e-scooter sharing companies like Bird, Lime and Jump (a subsidiary of Uber) have all been expanding ...

Bloomberg Senior People’s Bank of China (PBOC) officials reassured foreign companies that the currency won’t continue to weaken significantly, a day after the yuan fell below 7 per dollar for the first time since 2008. The central bank held a meeting with a number of foreign exporters in Beijing, at which officials also said that companies’ ability to buy and ...

Bloomberg HSBC Holdings Plc’s Swiss private banking unit agreed to pay about 294 million euros ($329 million) to settle a Belgian criminal probe into allegations it helped wealthy clients dodge hundreds of millions of euros in taxes. The preliminary agreement in Belgium’s largest criminal settlement still needs to be approved by a judge at a hearing that should take place ...