BLOOMBERG Lamborghini is capitalising on the demand for indulgence in South Korea, with sales of its iconic sport cars poised to surpass last year’s record. “The Korean market is developing really fast,”said Francesco Scardaoni, the regional director for Lamborghini’s Asia-Pacific business, at an event to mark the automaker’s 60th anniversary. During the four-day event in Gangnam, an affluent area of ...

BLOOMBERG This may sound familiar: Morgan Stanley analyst Adam Jonas makes an extraordinarily bullish call on the future of Tesla Inc and the shares go on a wild binge. It happened in 2015, and it’s happening again. The problem is investors fear we’re seeing a replay — because after eight years Jonas’ last call has yet to be proven correct. ...

BLOOMBERG Three years and nearly $1 billion later, Wells Fargo & Co is finally playing offense in one of Wall Street’s hottest battlegrounds: wealth management. The banking giant is trying to lure hundreds of independent advisers to join its platform as part of a larger push to expand the firm’s business catering to rich clients, according to Barry Sommers, who ...