Bloomberg The writing was on the wall when Britain finalized its break from the European Union: The UK sorely lacked the battery manufacturing capability that would be absolutely critical to the auto industry’s future, leaving the country’s already declining car sector in a make-or-break bind. The failure of Britishvolt Ltd. to get past the stage of developing prototypes for ...

  Bloomberg Public borrowings in the US and elsewhere have swelled because of overspending partly fueled by fractured politics, said former International Monetary Fund Chief Economist Raghuram Rajan. “The size of the debt has gone up tremendously,” he told a panel at the World Economic Forum in Davos. “Part of the problem that’s going on is clearly there is a ...

  Bloomberg EY Chief Executive Officer Carmine Di Sibio said “it’s business as usual” when it comes to hiring, with a tight jobs market even as several big firms begin to cut staff. “We’re not struggling to source talent, but it’s not like we’re seeing a rash of talent that’s all of a sudden available,” Di Sibio said in an ...