Bloomberg Germany’s back and forth over potential bans for diesel cars in cities is sapping demand for the vehicles and causing a backlog of used models on dealer lots that’s swelled to some $5.3 billion. A deal earlier this month between Germany and Volkswagen AG, Daimler AG and BMW AG to upgrade 5 million newer diesel cars and offer trade-in ...

Bloomberg Texas farmers are assessing damage caused by Hurricane Harvey after it slammed into the coast, knocking over grain storage tanks and damaging cotton crops. At least 100 cotton storage modules —capable of holding 13 to 15 bales —blew away in the Gregory area, said farmer Jeff McKamey, who owns a cotton gin that suffered minor damage when part of ...

Bloomberg Rocket Internet SE-backed e-commerce coupon business Global Savings Group became profitable for the first time, a boon for the Berlin-based startup factory that’s been under pressure to prove it can turn its units into money-making machines. Global Savings, about 40 percent owned by Rocket, said its gross merchandise value, a measure for sales it generates for retailers, about doubled ...