Bloomberg BMW AG offered another glimpse of its futuristic self-driving iNext car as the German manufacturer seeks to gain momentum in the race to overtake rival Mercedes-Benz in luxury car sales. The company, showing the iNext in a copper-colored version for the first time in 2016, will offer a more concrete concept of the vehicle this year, Chief Executive Officer ...

Bloomberg The first video-game built using technology developed by Improbable Worlds Ltd., the virtual reality startup backed by SoftBank Group Corp., has been released by British developer Bossa Studios. Worlds Adrift uses Improbable’s SpatialOS software, which lets programmers create realistic simulations of massive scale and complexity and run across a cloud-computing network. Softbank acquired a non-controlling stake in London-based Improbable ...

Bloomberg Emerging-market central banks are going on the defensive. A surging dollar and the highest 10-year US Treasury yields since 2011 are fuelling bets that policy makers in key developing nations from India to Mexico will raise interest rates faster than economists previously anticipated. The turnaround is led by concern that a failure to tighten monetary policy risks the possibility ...