Bloomberg Auto giants are racing to invest in car- and ride-sharing services, lured by the prospect of fat profits yet to be tapped from a billion cars on the world’s roads. A typical car spends 95 percent of its life at a standstill, industry analysts say, making it a vastly under-utilised, depreciating asset. There may be big money waiting, …

  Bloomberg Britain’s biggest property firms including Barratt Developments Plc and Canary Wharf Group Plc are the latest to take a stand on U.K. membership in the European Union less than two weeks before a vote, saying a decision to leave would hinder development projects and raise the cost to build new homes. In an open letter released on Saturday, …

  Bloomberg U.K. house prices look set to dip for the first time since 2012 amid uncertainty before Britain’s vote on European Union membership and as a new tax on buy-to-let properties and second homes kicks in. Home prices in central London are already falling, according to May data from the Royal Institution of Chartered Surveyors. While they continue to …