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Tesla a step closer to European foothold

Bloomberg Elon Musk has moved a step closer to building his first car factory on the home turf of Volkswagen AG, Daimler AG and BMW AG as his company hammered out a contract to buy land in Germany. Officials in the state of Brandenburg said they agreed the text of a contract with Tesla Inc to sell a 300-hectare (741-acre) ...

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Uber asked to suspend service in Colombia

Bloomberg A judge ordered Uber Technologies Inc’s operation in Colombia to suspend its ride-hailing business after a technology platform presented a lawsuit claiming the company was providing the service through unfair competition. A judge at the Superintendency of Industry and Commerce, which regulates the market, ruled that Uber’s app violated competition norms, the regulator said. Cotech SA, a taxi-service platform, ...

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US won’t reimpose steel tariffs on Brazil

Bloomberg President Donald Trump told Brazilian President Jair Bolsonaro he won’t reimpose tariffs on steel and aluminum from the Latin American nation, a person familiar with the discussions said. Just had a great call with the President of Brazil, @JairBolsonaro. We discussed many subjects including Trade. The relationship between the United States and Brazil has never been Stronger!, Donald J ...

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