Bloomberg Workers at Rolls-Royce Motor Cars Ltd will receive as much as an 18% pay increase, which the Unite union claimed was a record increase. Around 1,200 staff who put together the luxury brand’s Phantom, Ghost and Cullinan models at its factory in Goodwood voted in favour of a 10% wage increase along with a one-off payment of £2,000 ...

  Bloomberg Tesla Inc is building 3,000 Model Y SUVs a week at its new Austin, Texas, factory — a sign that the electric-car maker is making up for lost time at the money-losing plant. Tesla shared the new production figure in a tweet. The milestone comes a week after Bloomberg News reported that Chief Executive Officer Elon Musk had ...

Bloomberg Private-sector activity in the euro area’s top two economies shrank in December, but while France faces a greater risk of falling into recession, the downturn underway in Germany is showing signs of easing as inflation cools. S&P Global’s flash Purchasing Managers Index for France dropped to its lowest level in almost two years, unexpectedly falling to 48 on service-sector ...