Bloomberg Around 700 guests remained confined to their Canary Islands hotel on Wednesday as Spain stepped up efforts to contain the spread of the coronavirus and Italy and other European nations were on high alert. The number of infections in Tenerife has risen to four after two more Italians at the hotel, the H10 Costa Adeje Palace, were found to ...

Bloomberg Facebook Inc said it has acquired development studio Sanzaru Games to join the Oculus gaming group inside its virtual-reality division. Sanzaru has produced a number of games, including from the Sonic the Hedgehog and Marvel Studios franchises, according to its website. The studio’s most popular VR game, Asgard’s Wrath, was highly reviewed at the time of its release in ...

Bloomberg American Axle & Manufacturing Holdings Inc, a supplier that derives three quarters of its sales from trucks and SUVs, knows the times are a-changing for the auto industry: going electric is the way of the future But almost all battery-powered models have been slow off the blocks, sales-wise. Take Jaguar’s I-Pace for example. American Axle supplies the electric drive ...