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European car sales up 8.6 % in October

Bloomberg European car sales jumped in October, although not enough to reverse a decline since the start of the year as demand wanes in key markets. Registrations rose 8.6% to 1.21 million vehicles, the European Automobile Manufacturers Association said. The increase was due to a low comparison with a year earlier when sales suffered from new emissions tests. The latest ...

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Tesla set to bulk up lithium-ion battery

Bloomberg The world’s biggest lithium-ion battery is about to get even bigger, with Tesla Inc set to beef up capacity at the Hornsdale site in South Australia. The system will be expanded by 50% to 150 megawatts, according to an announcement from Neoen SA, the French company that operates the site. The storage site has already saved consumers more than ...

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Google buys cloud firm despite antitrust probe

Bloomberg Google announced plans to buy enterprise software firm CloudSimple Inc, another sign the search giant isn’t letting a flurry of antitrust investigations interrupt its expansion strategy. CloudSimple will join Google Cloud, a priority business for the Alphabet Inc unit. The companies didn’t disclose financial terms. The acquisition could help Google get a foothold in a corner of the cloud-computing ...

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