Bloomberg London homes are less affordable than ever before, despite slowing price growth and government attempts to cut the cost of housing for first-time buyers. It now costs the average Londoner 14.5 times their annual salary to purchase a home, the highest level on record, according to a report by researcher Hometrack. Cambridge, Oxford and the English seaside town of ...

Bloomberg Mercedes-Benz, conducting the biggest test using drones to ship everyday items like ground coffee and cellphones, said the mini aircraft completed 100 drop-offs to strategically placed vans in Zurich with a perfect safety record and more deliveries are planned for next year. About 50 individual customers placed orders with Swiss online shopping platform Siroop, choosing “airmail deals” from selected ...

Bloomberg Fiat Chrysler Automobiles NV denied a report that the carmaker could be fined for manipulating French diesel-emissions tests, saying the allegations have no basis and that its vehicles comply with the law. The Italian company hasn’t been charged with any offense and is cooperating with French authorities, Fiat Chrysler said in an emailed statement. French newspaper Le Monde reported ...