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EU’s Vestager defends her dual role as antitrust and tech chief

Bloomberg Margrethe Vestager, the European Union’s incoming technology chief, defended her dual role as a rulemaker and enforcer of antitrust law, saying her investigations face intense scrutiny and can aid new regulation. Vestager faced some criticism from the European Parliament’s biggest party, which argued that it’s not possible to “strengthen antitrust efforts and fine tech giants and, at the same ...

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Surging SUV demand is spooking German workers building sedans

Bloomberg Germany’s car industry built its world-class reputation on sedans like the Audi A4, the BMW 5-Series and the Volkswagen Passat, reliable models that look good in the family driveway or company lot. But a shift in consumer taste to more hulking vehicles is coming at the worst possible time. Demand for sport utility vehicles that initially took hold in ...

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Trump opened door for an IS resurgence in Syria

By acquiescing to Turkey’s invasion of northeastern Syria, President Trump has opened the door to what could become a genuine nightmare for the United States and its allies: the revival of the deadly terrorist organisation that called itself the IS. The danger lies not simply in the group’s sleeper cells that are still active — and that detonated three suicide ...

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