Bloomberg Venezuela’s government set new price controls for more than two dozen products and announced the takeover of a cooking oil producer as food shortages in the countryside lead to protests and rioting. Vice President Delcy Rodriguez said the government would also assume supervision of Empresas Polar, the national food giant and Venezuela’s largest privately held company, headed by Chief ...

Bloomberg Elon Musk said Texas remains in contention for a new factory that will build Tesla Inc.’s Cybertruck. The company’s billionaire chief executive officer provided the update on Twitter late Friday. He said Tesla’s Fremont, California, factory is already at maximum capacity. In March, Musk said Tesla is scouting locations to build both the electric pickup and the Model Y ...

Bloomberg Europe’s five largest automotive markets edged past China in electric vehicle registrations in first quarter of 2020, as China battled the outbreak of the coronavirus and imposed shutdowns countrywide, according to a study by PwC and its strategy consulting subsidiary Strategy&. Germany, France, the UK Italy and Spain collectively registered 79,300 fully electric vehicles between January and March, narrowly ...