Bloomberg Facebook Inc. failed again to get out of a lawsuit alleging its photo scanning technology flouts users’ privacy rights. A federal judge in San Francisco ruled that the world’s largest social network must face claims that it violated the privacy of millions of users by gathering and storing biometric data without their consent. Alphabet Inc.’s Google is fighting similar ...

Bloomberg Millionaires from Russia to Norway and the US are seeking to take advantage of Italy’s low tax rates for the super-rich. In an effort to attract capital, Italy unveiled a measure in 2017 allowing ultra-wealthy individuals taking up residency to pay a flat tax of 100,000 euros ($123,000) a year, regardless of their income. Around 150 people, including some ...

LONDON / Reuters More than $200 billion of investment in liquefied natural gas is needed to meet a boom in demand by 2030, Royal Dutch Shell, the world’s top LNG trader, said. The LNG market is set to continue its rapid expansion into 2020 as facilities approved for construction in the first half of the decade come on line, in ...