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EU warns of Brexit chaos as transition talks stumble

Bloomberg Brexit negotiations broke up in acrimony when the European Union’s chief negotiator raised the prospect of the UK crashing out of the bloc next year into a legal limbo. Michel Barnier’s comments provoked an angry reaction in London, and the pound fell. Barnier said he was waiting to hear what the UK wanted to achieve from the talks and ...

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Key to Tesla’s battery making still in Germany

Bloomberg Tesla Inc. has all the tools to meet its planned Model 3 production rate in the first quarter. The problem is that a key to its future battery manufacturing is still in Germany. The electric-car maker — which still plans to make about 2,500 of the cars a week by the end of March — designed a new automated ...

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UK factories post best year since 2014

Bloomberg UK factory production extended its record run in December, capping the strongest year since 2014. Manufacturing rose 0.3 percent from November, the Office for National Statistics said. Overall industrial output slumped a larger-than-forecast 1.3 percent after the closure of a key North Sea pipeline led to a steep drop in oil output. Separate figures show construction output rose 1.6 ...

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