Bloomberg Chancellor of the Exchequer George Osborne will give the green light for driverless cars to be tested on U.K. motorways, helping to make the technology available to consumers by the end of the decade. The government also aims to remove regulatory barriers so that driverless cars can be used on British roads within the current parliamentary term, the Treasury …

TEXAS / Bloomberg President Barack Obama said that smartphones — like the iPhone the FBI is trying to force Apple Inc. to help it hack — can’t be allowed to be “black boxes,” inaccessible to the government. The technology industry, he said, should work with the government instead of leaving the issue to Congress. “You cannot take an absolutist view …

Bloomberg Peru’s sol surged the most in almost seven years as a rally in emerging-market currencies erased its losses for this year and prompted traders who had wagered on declines to reverse their bets. The sol rose 2.1 percent to 3.354 per dollar at the close of trading in Lima, its biggest one-day advance since May 2009, according to Datatec …