Bloomberg European car sales rose 6.5 percent to a nine-year high in 2016, propelled by pent-up demand amid a recovering economy, as French manufacturer Renault SA took advantage of market leader Volkswagen AG’s diesel-emissions scandal to leap from third place to second. Registrations increased to 15.1 million vehicles last year from 14.2 million in 2015, the Brussels-based European Automobile …

  Bloomberg General Motors Co. is set to announce a $1 billion US investment plan, joining Hyundai Motor Co. and Kia Motors Corp. among the latest automakers to outline their spending amid pressure from President-elect Donald Trump to create jobs. The largest US automaker plans to say on Tuesday it will invest in US plants over several years, and expects …

  Bloomberg Zhou Shuoji is not a bitcoin believer. He says the cryptocurrency will never replace its traditional forebears, and he calls most of its proponents fanatics. But for Zhou, a 35-year-old high-speed trader in Beijing, bitcoin is also too good to resist. His computers trade it 24 hours a day, seven days a week. Using lightning quick orders, they …