Bloomberg European Union negotiators reached agreement on tighter caps on carbon dioxide from cars in a bid to spur the development of clean vehicles. Representatives of EU governments and the European Parliament fixed a 37.5 percent CO2-reduction target for 2030 compared with the 2021 limit. The deal in Brussels marks a compromise after the 28-nation Parliament in early October demanded ...

Bloomberg Oracle Corp’s shares rose on a strong sales forecast, signaling the world’s second-largest software maker expects greater customer demand in its transition to cloud-based computing. Revenue will increase 2 percent to 4 percent in the current quarter, holding currency exchange rates constant, with higher growth through the second half of the fiscal year, Chief Executive Officer Safra Catz said ...

Bloomberg A UK startup that designs semiconductors used for artificial intelligence applications has raised $200 million from investors including BMW AG and Microsoft Corp. Graphcore Ltd is one of a number of companies trying to design a new class of chips that will be better at crunching the vast amount of data needed to make computers smarter. They argue that ...