Bloomberg The British Chambers of Commerce lowered its forecast for the UK economy for the next two years, citing a weaker outlook for trade and investment on uncertainty over exiting the European Union. The UK business lobby expects growth of 1.1 percent this year, down from a previous forecast of 1.3 percent, and cut its 2019 outlook to 1.3 percent ...

Bloomberg Fiat Chrysler Automobiles NV will evaluate other potential buyers for its Magneti Marelli parts unit because the carmaker views a bid made by KKR & Co. as too low, people familiar with the matter said. KKR offered less than the $7 billion minimum valuation sought by Fiat, which ended the exclusivity of the talks, said the people, who asked ...

Bloomberg Fixing production at Tesla Inc. is one thing. Now Chief Executive Officer Elon Musk is struggling to get cars to customers. “We’ve gone from production hell to delivery logistics hell,” Musk said in a Tweet. Musk said resolving that problem would be easier than addressing assembly-line issues. Musk narrowed the paint options on new electric vehicles, his latest effort ...