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Facebook accused of hiding inflated ad metrics in 2015

Bloomberg Facebook Inc knew in early 2015 that it misled advertisers about the average time users spent viewing online video clips — and then lied about it, according to a lawsuit. The owner of the world’s largest social network acknowledged in September 2016 that it had inflated the metric for marketers, and said it fixed its calculations. Crowd Siren, the ...

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No-deal Brexit threatens business model: Car lobby

Bloomberg Europe’s car lobby said a no-deal Brexit would threaten the very business model of companies operating in the UK and on the continent, urging negotiators to do everything in their power to avert a worst-case scenario on the eve of a summit in Brussels. Carmakers and suppliers’ steps to prepare for the event of a disorderly withdrawal from the ...

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UK inflation slows more than forecast on food, transport

Bloomberg UK inflation slowed more than expected in September, dragged lower by the cost of food and transport fares. Annual consumer-price growth dip-ped to 2.4 percent from 2.7 percent in August, the Office for National Statistics said on Wednesday. The rate was lower than the median 2.6 percent forecast in a Bloomberg survey. Downward pressure came mainly from food prices, ...

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