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UK car sales stumble again, erasing hope of quick recovery

Bloomberg UK car sales fall for a second straight month, sliding 4.4% in the country’s weakest September for auto purchases in more than two decades. Registrations dropped to 328,041 cars, according to data from the Society of Motor Manufacturers and Traders. That follows a 5.8% decline in August and dashes hopes for an early recovery from a coronavirus-driven slump. The ...

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Nexi to buy SIA in $5.3 billion deal to form payment giant

Bloomberg Italy’s Nexi SpA agreed to buy SIA SpA in an all-share deal that will create one of Europe’s biggest payment providers. The transaction, which values closely held SIA at 4.56 billion euros ($5.3 billion) will give Nexi shareholders about 70% of the joint company. The combined business will have annual revenue of about 1.8 billion euros and a market ...

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Microsoft to build Greek data centers

Bloomberg Microsoft Corp. has agreed to build a series of new data centers in Greece, in a move the Greek government says will boost entrepreneurship and encourage other major companies to invest in the country. The “ongoing” investment will be the biggest by the US technology giant in its 28 years of operations in Greece, Microsoft President Brad Smith said ...

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