Bloomberg Enel SpA is seeking acquisitions in the energy storage business, as developments in battery technology are set to play a key role for the wider adoption of renewable sources. Europe’s biggest utility by market capitalization sees the US, Europe and Latin America as the markets with the most potential, Chief Executive Officer Francesco Starace said in an interview. “Technologies ...

Bloomberg UK unemployment held at a 42-year low in the three months through August and the number of people in work approached a record high, according the figures published. The latest snapshot of the labour market from the Office for National Statistics may help to explain why the Bank of England appears to be edging towards its first interest-rate increase ...

Bloomberg The days when Venmo was just known as the app for splitting dinner bills with friends are over. PayPal Inc.’s peer-to-peer payments service can now be used to make mobile purchases at more than 2 million US retailers, an effort to broaden Venmo’s appeal and bring in more money. The announcement significantly expands the app’s reach in stores, up ...