BLOOMBERG Microsoft Corp’s Azure cloud business has been targeted by the European Union’s antitrust arm, amid concerns the US software firm is leveraging its market power to squeeze out rivals. As part of an informal probe, regulators are quizzing competitors and customers about how Microsoft may be abusing its access to business-sensitive information belonging to cloud firms it has commercial …

BLOOMBERG Emmanuel Macron made his pitch that France is a leading hub for foreign investments and electric cars directly to Elon Musk, as the president seeks to attract global businesses. Macron and Musk, the head of electric-car maker Tesla Inc and the world’s second-richest person, discussed prospects for development in the electric vehicle and energy sectors at the presidential palace, …

BLOOMBERG A gauge of New York state manufacturing activity slumped in May by the most in more than three years as orders and shipments shrank abruptly. The Federal Reserve Bank of New York’s general business conditions index dropped 42.6 points to minus 31.8 in May, data showed. Readings below zero indicate contraction and the gauge was weaker than all estimates …