BLOOMBERG Swedish home prices have yet to hit a bottom as one of the world’s most severe housing routs is about to enter its second year. Soaring consumer prices and a string of interest-rate increases have dealt a heavy blow to the Swedish economy, which is particularly sensitive to rising borrowing costs. The country’s households have some of the highest ...

BLOOMBERG Elon Musk’s latest master plan for Tesla Inc fell flat as the electric-car maker shared scant details about next-generation models that will underpin its next phase of growth. The almost four-hour presentation was long on calculations of what the sustainable energy transition will require, along with boasts about manufacturing and engineering efficiencies. But Musk and the executives who joined ...

BLOOMBERG Stock markets worldwide extended losses on Thursday, as US 10-year Treasury bonds topped 4% for the first time since November in a sign that the Federal Reserve’s warnings of higher-for-longer interest rates are finally sinking in. Europe’s Stoxx 600 equity index retreated 0.5%, having fallen to three-week lows as hotter-than-forecast German inflation data pushed money markets to bet on ...