Bloomberg The Port of Los Angeles moved record cargo volumes last year amid an import surge at the U.S.’s biggest container gateway and supply-chain snarls brought on by the pandemic. The West Coast port handled 10.7 million 20-foot container units in 2021, 13% more volume than in 2018, the previous record year, Executive Director Gene Seroka said. US supply ...

Bloomberg Confidence in Germany’s near-term outlook improved in January as companies expect the latest virus wave to prove only a temporary setback for the recovery. A business expectations gauge compiled by the Munich-based Ifo Institute rise to 95.2, more than economists predicted. Manufacturers saw supply bottlenecks easing at the start of the year, and even services providers were optimistic about ...

  Bloomberg Volkswagen AG is partnering with Robert Bosch GmbH to bolster its automated-driving push and catch up with the likes of Tesla Inc. on software development. VW’s Cariad software unit will work with the world’s largest auto-parts supplier to introduce features allowing drivers to temporarily take their hands off the steering wheel starting in 2023, the companies said on ...