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Cobalt battery boom wavers as prices slide in top user China

Bloomberg Cobalt is facing its first major test since an impending demand boom from electric vehicles triggered a two-year surge, with prices retreating in top consumer China amid signs there’s still enough material to go around. The price for cobalt sulfate — the chemical form used in car batteries and consumer electronics — fell to its lowest since January, and ...

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Judge could clear AT&T’s Time Warner deal with ‘no blackout’ fix

Bloomberg AT&T Inc.’s wait is finally over. Nearly two years after inking an $85.4 billion deal to acquire Time Warner Inc., the phone giant will learn on Tuesday whether a federal judge in Washington will grant the US Justice Department’s request to block the takeover on antitrust grounds. The decision hinges on whether the combination of AT&T’s pay-TV and mobile-phone ...

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Factory, manufacturing output fall casts doubt over British economy

Bloomberg UK manufacturing output fell the most in 5 1/2 years in April and construction posted a smaller-than- expected gain, casting fresh doubt over the health of the economy. The pound fell. Factory production shrank 1.4 percent, the most since 2012, the Office for National Statistics said. Economists had expected an increase. Building output rose 0.5 percent, well short of ...

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