Bloomberg Qualcomm Inc, BMW AG, and Deutsche Telekom AG clinched a victory after European Union member states scrapped new rules mandating WiFi technology as the basis for how future connected cars talk to each other. The ruling is victory for 5G technology as countries around the world prepare for the roll-out of ultra-fast 5G wireless networks, which will power everything ...

Bloomberg German factory orders slumped in May in the latest sign that global trade uncertainty is turning Europe’s temporary slowdown into a more serious downturn. The economy ministry reported huge declines in export orders and investment goods in May, just days after a survey showed factory activity shrank for a sixth month in June. The continued gloom is increasing concern ...

Bloomberg Buildings shook in Los Angeles after an earthquake with a preliminary magnitude of 7.1 hit Southern California, the strongest temblor to rock the state in 20 years. The quake struck 17 kilometres (10.5 miles) north-northeast of Ridgecrest, California, according to the US Geological Survey. That’s a relatively rural area more than 100 miles outside of Los Angeles, and came ...