Bloomberg BMW AG’s needs for car-battery raw materials such as cobalt and lithium will surge 10-fold by the middle of the next decade, pushing the German carmaker increasingly to forge long-term deals as shortages loom. Purchase contracts with five- to 10-year time frames are close to being completed, the manufacturer’s head of procurement told reporters in Munich. Concerns about supply …

Bloomberg China wants to deepen financial and investment links with the UK as Britain seeks to boost two-way trade once it leaves the European Union. Vice Premier Ma Kai said both countries should also push cooperation to a new level in areas including nuclear-power generation, manufacturing, high-speed rail, high-end manufacturing, and trade and investment liberalisation. “The United Kingdom has obvious …

Bloomberg Fresh details of Uber Technologies Inc.’s alleged surveillance tactics and in particular its scraping of competitors’ information from the internet were revealed in a court filing. Prosecutors involved in a criminal investigation of Uber learned of the tactics from a former manager of the company’s global intelligence unit who had documented them in a letter to an in-house lawyer …