Bloomberg London is the best-performing city in Europe, according to the Milken Institute. Inner London-East including the Canary Wharf financial district topped the ranking published by the Santa Monica, California-based think tank on Monday. The area beat out competition from Stockholm and Budapest, in second and third-place respectively, because of its skilled global workforce, dynamic economy and “flourishing” information and ...

Bloomberg General Motors Co. plans to have its self-driving cars ready for a ride-share service within two years as the automaker looks beyond traditional car ownership for new tech-driven sources of revenue. After spending more than a year putting the pieces in place to launch a robotaxi business, GM said it expects to have a fleet of self-driving cars in ...

Bloomberg Xiaomi Corp., the Chinese smartphone maker that was once the most valuable startup in the world, is in talks with investment banks about a possible initial public offering and seeking a valuation of at least $50 billion, according to people familiar with the matter. The Beijing-based company is considering an offering as soon as next year with banks suggesting ...