Bloomberg Johnson Controls International Plc’s $13.2 billion sale of its car-battery business completes the company’s dramatic makeover from an automotive supplier to a provider of systems for homes and buildings, setting the stage for growth through acquisitions. Chief Executive Officer George Oliver is betting on continued growth of “smart buildings” as companies seek to boost efficiency of working spaces with ...

Bloomberg An anticipated pickup in UK inflation failed to materialise last month as food, clothing and transport prices declined. Annual consumer-price growth stayed at 2.4 percent in October, the Office for National Statistics said on Wednesday. The figure is below the 2.5 percent predicted by both the Bank of England and economists in a Bloomberg survey. Food and non-alcoholic drink ...

The US-China trade war is looking more and more like a cold war. President Donald Trump’s tariffs, crackdown on alleged Chinese theft of American technology, and rhetoric have overturned decades of US foreign policy that had prioritised cooperation. Meanwhile, his counterpart Xi Jinping hasn’t budged on any concessions. China experts worry that relations between the world’s two most important countries ...