Bloomberg Germany’s automotive industry will invest over 40 billion euros ($45 billion) in electric vehicles over the next three years to triple the number of models vying for buyers, the head of the VDA car industry association said. The plan is pivotal to reach ambitious goals in the European Union to reduce carbon dioxide emissions and requires the expansion of ...

Bloomberg HP Inc.’s shares declined as much as 13 percent after the company warned that sales for its high-margin printer supplies business would fall for the rest of the year, presenting a setback for its effort to boost profitability. HP printer supplies revenue will decline 3 percent for the rest of 2019, driven by weaker demand in Europe, the Middle ...

Bloomberg Fabio Schvartsman stepped down temporarily as chief executive officer of Vale SA as the world’s largest iron ore producer comes under increased government scrutiny for failing to prevent a second deadly burst of one of its hundreds of tailings dams in Brazil. “Even totally assured of my righteous ways and having fulfilled my duty, I request the board to ...