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US, Europe getting more anxious about batteries shortages for EV

Bloomberg Automakers to trading houses from North America to Europe are becoming more concerned about future supply shortages of key materials needed for electric vehicle batteries as spending on new production soars, according to the developer of a $1.5 billion project in Australia. More than a dozen parties have now expressed interest in taking up as much as a 50 ...

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Milan’s real estate prices surge as billionaires buy in

Bloomberg Real estate investors from Azerbaijan’s sovereign wealth fund to Blackstone Group Inc and UBS Group AG are cashing in on a surge in demand for prime Milan offices that’s pushing prices to new highs. A lack of development in Italy’s financial capital is driving up rents just as a scarcity of prime real estate in some western European cities ...

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Hong Kong police arrest five as new protest march turns tense

Bloomberg Hong Kong police arrested five people while dispersing a protest in one of the financial hub’s busiest tourist districts, the latest demonstration triggered by a proposed law that would allow extraditions of criminals to mainland China for the first time. Thousands of marchers walked through the pedestrian-heavy Tsim Sha Tsui area towards the city’s new high-speed rail station to ...

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