Bloomberg Angela Merkel, running for a fourth term as chancellor in Germany’s September 24 election, reiterated that her nation’s auto sector has “seen a great loss of trust” and needs to atone for past mistakes. Speaking on her weekly podcast on Saturday, Merkel said the industry is in a period of rapid change, and “modern drive technology is, of course, …

Bloomberg The UK has gained potential allies in its bid to hold on to the business of clearing euro-denominated derivatives after Brexit. Sweden said a European Union proposal to allow authorities to force the biggest foreign derivatives-clearing firms to set up shop in the bloc could prove excessive, according to an earlier document that summarises the positions of 10 national …

Bloomberg Mark Zuckerberg is heading back to court. Facebook Inc.’s chief executive officer is expected to testify later this month in a shareholder lawsuit over voting power, according to a person familiar with the plans. The trial, set to start on September 26, will explore whether the board had shareholder interests in mind when it approved a new class of …