Bloomberg UK wage growth accelerated over the summer amid the lowest jobless rate in more than four decades. Earnings excluding bonuses rose an annual 2.9 percent in the three months through July, more than the 2.8 percent economists forecast. In July alone, basic wages rose 3.1 percent, the most since 2015, and vacancies are at record levels, the Office for ...

Bloomberg American carmakers are losing ground in a shrinking Chinese market, and their problems are mostly tied to a lack of competitiveness rather than the trade war, an industry body said. The market share of US brands fell to 10.7 percent in the first eight months of 2018 from 12.2 percent a year earlier, according to the China Association of ...

Bloomberg Europe’s space champions are urging buyers at home to favor their technology over that of foreign rivals, as competition intensifies from the likes of Elon Musk’s Space X. As executives from the space industry meet in Paris this week for the World Satellite Business conference, French satellite operator Arianespace is calling on Europe to translate its space sovereignty ambitions ...