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Nissan Motor pledges $2.5bn to expand UK electric-vehicle hub

BLOOMBERG Nissan Motor Co will significantly ramp up electric-vehicle production in the UK with a £2 billion ($2.5 billion) investment at its Sunderland site in a boon to the country’s car industry. The Japanese carmaker will set up another battery factory and produce electric versions of the popular Qashqai and Juke models at Britain’s largest carmaking hub, it said. Nissan ...

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Sonos readies $400-plus headphones to rival Apple and Bose, TV set-top box

BLOOMBERG Sonos Inc, best known for its smart speakers and sound bars, will make a long-awaited push into headphones with a model priced upwards of $400 that’s slated to be released as early as April, according to people familiar with the matter. The company is also aiming to introduce a TV set-top box, which would compete with products from Apple ...

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Stocks edge lower on China data; gold hits above $2,000

BLOOMBERG Stocks fell and gold climbed to a six-month high as data showed a sharp slowdown in China’s industrial profits, which reinforced investor concerns about its sluggish economy. The Stoxx 600 index fell 0.3% and Nasdaq futures retreated 0.2%. Treasury 10-year yields climbed as much as five basis points to 4.51%, the highest in more than a week. Gold climbed ...

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