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Tesla raises UK prices after Brexit vote

  Bloomberg One of the world’s most devoted gearhead clubs is about to get a little pricier in the UK as a result of the country’s vote to leave the European Union. Tesla Motors will increase prices in the UK by 5% in 2017, a move attributed to the falling pound and described as “due to curre- ncy fluctuations,” a ...

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Fox’s Sky purchase to face EU review in March soonest

  Bloomberg European competition authorities may be formally notified of 21st Century Fox Inc.’s bid for the rest of Sky Plc in March at the earliest, setting off reviews of the $14.5 billion deal, according to a person familiar with the matter. The companies’ filing to the EU allows regulators to check whether the deal might harm competition. It would ...

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Germany gets free power for Christmas as wind power set to surge

  Bloomberg The price of power for delivery on Christmas Day in Germany turned negative as a surge in wind generation is forecast to boost supply. Prices may be below zero for hours or even whole days during the holiday season as German wind output is predicted to climb to near-record levels and temperatures are set to increase more than ...

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