Forget the $9 billion of fines that came before. They barely scratched the surface. For Google, this is the big one. The European Commission announced a formal probe into the search giant’s practices in online advertising. After years of antitrust investigations, this is by a country mile the most important, because it focuses on how Google actually makes most of ...

With global inflation set to accelerate, investors accustomed to stimulus-buoyed asset prices are assessing which major central bank will be first to turn off the taps. Although attention has focused on the Federal Reserve, the Bank of England (BOE) could well initiate stepping off the monetary accelerator. The UK economy is already poised to grow by more than 7% this ...

Bloomberg New York-traded electric vehicle maker Xpeng Inc has received the green light from the Hong Kong stock exchange to list in the city, the latest homecoming share sale by a Chinese company. The company submitted an updated listing document on Wednesday, indicating it has won the bourse’s approval. The filing, which confirmed an earlier Bloomberg News report, didn’t specify ...