Bloomberg Renault SA set a gloomy tone for the European automotive sector by slashing its outlook for revenue and profit, saying weakening economies are weighing on car sales and tougher rules on emissions have increased costs. The French carmaker’s shares fell the most since the arrest last year of former boss Carlos Ghosn. Renault reduced its financial guidance for 2019, ...

Bloomberg The United Auto Workers (UAW) will continue striking against General Motors Co until a tentative deal is ratified by members, extending its walkout for at least another week. Voting on the proposed contract was expected to begin on October 19 and ballots will be due by October 25, Brian Rothenberg, the UAW’s spokesman, said during a press conference in ...

Bloomberg US lawmakers from both parties slammed Apple Inc and Chief Executive Officer Tim Cook for “censorship of apps” at the “behest of the Chinese government.” Senators Ted Cruz, Ron Wyden, Tom Cotton, Marco Rubio and Representatives Alexandria Ocasio-Cortez, Mike Gallagher and Tom Malinowski expressed concern about the removal of an app that let Hong Kong protesters track police movement ...