Bloomberg Facebook Inc is facing its first in-depth probe by European regulators, the latest in a series of efforts to crack down on big tech market dominance across the continent. The European Commission said it will investigate whether Facebook misuses a trove of data gathered from advertisers to compete against them in classified ads. It will also check if the …

Bloomberg Nissan Motor Co is pushing back the release of its flagship Ariya electric vehicle, highlighting the struggle automakers everywhere are facing in trying to launch new cars amid a persisting shortage of semiconductors. When the Ariya SUV was first unveiled in July last year, Nissan said it was scheduled to go on sale in mid-2021. The company said a …

Bloomberg Oil extended gains amid signs of a recovery in demand in parts of the western world, and after Opec+ provided an upbeat assessment of the market’s outlook. Futures in New York rise 0.8% after closing at the highest since October 2018. Brent also climbed after settling above $70 a barrel. US gasoline demand was the highest since the pandemic …