Bloomberg Facebook Inc.’s Instagram is most popular for people younger than 25, who the company says spend an average of more than 32 minutes a day on the photo-sharing app. For those 25 and older, usage is more than 24 minutes a day, the company said. Instagram is crediting much of the growth in engagement to its “Stories,” which was ...

Bloomberg UK construction growth slowed to the weakest in almost a year in July, according to IHS Markit. The Purchasing Managers’ Index fell to 51.9, the lowest since August, from 54.8 in June. That’s below the 54 forecast by economists in a Bloomberg survey, although it remains above the 50 level dividing expansion from contraction. The construction sector was a ...

Bloomberg Volkswagen AG, Daimler AG and BMW AG agreed to upgrade more than 5 million diesel cars in Germany in a bid to salvage their beleaguered diesel technology and draw a line under an emissions scandal that shows no signs of abating after nearly two years. The deal, hashed out at an emergency summit in Berlin on Wednesday, also includes ...