Bloomberg The rally in zinc prices has the potential to jump this year to levels not seen in a decade as demand continues to outstrip supply amid mine output disruptions, according to Hindustan Zinc Ltd., Asia’s biggest producer by market value. Prices on the London Metal Exchange may rise to about $3,000 a metric ton in the next couple of ...

Bloomberg Blackstone Group LP rode a widespread market advance in the second quarter, earning 36 percent more than a year earlier. The results fell short of analysts’ estimates as a downturn in energy prices hit private equity holdings. While the asset manager’s public holdings — shares of companies it’s taken public — tracked positively, private investments were “pressured by the ...

Bloomberg Ride-hailing provider Lyft Inc., emboldened by public stumbles by larger rival Uber Technologies Inc., is taking the leap into developing its own fully autonomous vehicles. Lyft is opening a self- driving vehicle development facility in Palo Alto, California, called “Level 5,” a nod to the designation of fully autonomous vehicles that don’t require human supervision. Several hundred employees will ...