Bloomberg Bitcoin briefly surpassed $25,000 for the first time since mid-June, as momentum continued from a cooler-than-expected US inflation data and progress towards Ethereum’s big upgrade. The largest cryptocurrency rises as much as 2.2% to $25,031, its highest level since June 13. It was trading around $24,750, rising a fifth straight day in a streak fuelled by US consumer-price ...

Bloomberg Mercedes-Benz Group AG will join China’s Contemporary Amperex Technology Co Ltd (CATL) in building a battery factory in Hungary with an investment of as much as 7.3 billion euros ($7.6 billion), with some of Europe’s leading automakers set to become customers too. The plant will have capacity of 100 gigawatt hours, enough to power more than 1 million cars, ...

  Bloomberg Snap Inc is introducing tools for parents or trusted adults to better supervise teen behaviour on its popular disappearing photo and video app, Snapchat. The new tool, called Family Center, lets parents or designated adults over the age of 25 to view their teen’s friends, see who they’ve messaged in the past week and anonymously report abusive accounts. ...