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Top German automakers sued in ‘cartel’ case

Bloomberg German’s major automakers were accused in a US lawsuit of acting as a cartel, colluding for nearly two decades to limit the pace of technological advances in their vehicles and stifle competition — allegations that widen the scope of the latest scandal to hit the nation’s auto industry. BMW AG, Daimler AG, Volkswagen AG and its Audi and Porsche ...

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Netflix adds $500 mn credit for TV shows

Bloomberg Netflix Inc., which has been spending billions of dollars on TV shows and movies for its online video service, lined up a $500 million revolving credit facility through five lenders including Deutsche Bank AG and Goldman Sachs Group Inc. The company has the option to increase the credit line by $250 million, according to a regulatory filing on Friday. ...

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Waltham Forest tops London house price gains; beats Kensington

Bloomberg Move over Kensington and Chelsea. The area of London that’s seen the biggest jump in property values over the past five years has been Waltham Forest. According to mortgage lender Halifax, prices in the capital’s northeast borough have jumped 93 percent since 2012 when the city hosted the Olympic Games nearby. That outstrips the 57 percent gain across Greater ...

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