Bloomberg Bitcoin’s furious run is starting to look more and more like it did at the height of crypto-mania two years ago. The virtual currency surged as much as 14 percent on Wednesday, topping $12,900 for the first time since January 2018, and bringing its gain to about 30 percent. The digital asset has climbed more than 200 percent since ...

Bloomberg FedEx Corp. predicted a “transition year’’ for fiscal 2020, with an improving outlook for e-commerce profits tempered by concerns that international trade tensions will worsen. Revenue per package in the ground-delivery operation rose 2.2 percent in the quarter ending on May 31 as volume growth accelerated to 8.8 percent, FedEx said in a statement. That signalled progress in the ...

Bloomberg BMW AG isn’t showing much enthusiasm to get on board with a German government push to establish battery cell production in Europe, slowing a plan to create an industry that keeps pace with Asian rivals and get on the front foot on elusive climate goals. “I don’t believe it makes sense for every carmaker to make their own cells,” ...