Bloomberg Hurricane Irma headed for an all-but-certain collision with southern Florida after devastating the Caribbean islands and swiping at Cuba as it threatens to become the most expensive storm in US history. While top winds dropped to 130 miles (209 kilometres) an hour, the life-threatening storm’s swollen size means most of Florida will face hurricane-force winds as it cuts a ...

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 ...