Bloomberg UK consumers will face higher prices on goods coming from the European Union (EU) after Brexit, whether Boris Johnson signs a free trade agreement with the bloc or not, according to a major business group. Products imported from the EU after January 1 2021 will require customs declarations, which cost between 16 pounds ($21) and 56 pounds per product ...

Bloomberg General Motors Co will leave Australia, New Zealand and Thailand by year-end as it exits poor-performing markets and focuses on new technologies such as self-driving cars and electric vehicles. The largest US automaker will take $1.1 billion in charges mostly in the first quarter, of which $300 million is cash, to cover the costs of leaving those markets, it ...

Bloomberg China might have data and the US might have money, but Europe has purpose. That’s the message European Union tech czar Margrethe Vestager aims to convey on Wednesday when she unveils plans to help the bloc compete with the US and China’s technological might on its own terms, conforming with fundamental EU rights including strict privacy and non-discrimination rules. ...