Bloomberg Almost half of UK companies expect to increase prices, a record high, adding to inflation concerns that will weigh on Bank of England policy makers ahead of their meeting this week. A survey by Lloyds Banking Group Plc showed 45% of businesses expect to raise prices, which will buttress market expectations that the UK central bank will deliver its ...

Bloomberg Mexico’s economy shrank in the third quarter after new legislation banning labour outsourcing hit the services industry and coronavirus cases surged. Gross domestic product declined 0.2% from the previous three-month period, compared to the median estimate in a Bloomberg survey of no growth. It’s the first contraction since the second quarter of 2020, when Mexico imposed its harshest set ...

Bloomberg Rivian Automotive Inc., the electric truck maker backed by Amazon.com Inc., is seeking to raise as much as $8.4 billion in an initial public offering that could give it a market value of as much as $53 billion. Rivian said it plans to sell 135 million shares for $57 to $62 each, according to a filing Monday with the ...