Bloomberg Tesla Inc.’s lead in battery technology gives it a cost advantage that may last for several years and help US electric-car maker face down an onslaught of new competition, according to research from Bloomberg New Energy Finance. Batteries made by the US manufacturer and its Japanese partner, Panasonic Corp., require less cobalt, the metal whose price has shot up ...

Bloomberg French reinsurer Scor SE spurned an 8.3-billion-euro ($9.6 billion) unsolicited takeover offer from its biggest shareholder, Covea, which said it’s still interested in pursuing a deal. Scor shares climbed the most in almost a decade. Covea, a French mutual insurer that already has an 8.2 percent stake in Scor, said that it offered to buy the remaining stock for ...

Bloomberg UK construction growth slowed more than forecast in August, providing further evidence that the nation’s economy is losing momentum. IHS Markit’s Purchasing Managers’ Index for the industry fell to 52.9 last month from a 14-month high of 55.8 in July, the firm said on Tuesday. The reading was the lowest since May and below the 54.9 forecast by economists ...