Bloomberg Tesla Inc. reported early-year deliveries fell less than expected from record levels reached late last year, sending shares climbing as much as 13%. Tesla handed over 88,400 vehicles worldwide in the first quarter, down 21% from the last three months of 2019. But the total beat analysts’ average estimate for about 78,100. “I’m shocked they did so well,” Gene ...

Bloomberg Toronto home sales surged in March, though government measures to stem the spread of the Covid-19 virus slowed real-estate activity in the second half of the month. Sales in around Canada’s largest city jumped 12.3% from a year earlier to 8,012 transactions, while the benchmark price climbed 2.3% from February to a non-seasonally adjusted C$865,200 ($611,881), the Toronto Regional ...

Bloomberg Bankruptcies among Swedish restaurants and hotels jumped by 123% in March as measures to contain coronavirus pandemic stopped people from making trips and socialising. The transport sector was also hit hard with bankruptcies rising by 105% in March compared to same month a year ago, according to business and credit reference agency UC. The overall number of companies going ...