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Osborne pressed by dissident UK Tories over Sunday trading

London / Bloomberg Chancellor of the Exchequer George Osborne is under pressure to reverse his plans to liberalize the U.K.’s Sunday trading laws, with 23 Conservative members of Parliament saying they’re ready to vote against the government. In the Enterprise Bill, due to be debated by the House of Commons on Tuesday and Wednesday, local councils in England and Wales ...

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BMW sees its future shift to the ultimate self-driving machine

MUNICH / Bloomberg BMW AG, which became the world’s largest maker of luxury cars by focusing on Autobahn thrills, is shifting gears to automated driving as urbanization and changing attitudes toward cars redefine transportation. “In the future, ‘Sheer Driving Pleasure’ will also be defined as liberating drivers through automation,” BMW said on Monday in a statement as it celebrated turning ...

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‘Leave EU’ would boost UK bonds, says JPMorgan asset management

London / Bloomberg Holders of the U.K.’s government bonds need not fear the prospect of Britain voting to leave the European Union as they stand to benefit from any economic woes that follow the vote, according to one of the world’s largest money managers. “If a ‘Brexit’ happened it would be very likely the Bank of England would ease policy ...

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