Bloomberg E-scooters have only been legal in Germany for a matter of days, but public curiosity — as well as a Continental heatwave — has already made them a common sight in many cities. Lawrence Leuschner, chief executive officer of one of Europe’s biggest e-scooter providers, Tier Mobility, said the app required to locate and unlock a Tier scooter was …

Bloomberg President Donald Trump wants a weaker dollar to help boost exports, and is counting on the Federal Reserve to help make that happen. But the central bank’s chairman, Jerome Powell, has made clear it’s not his job. It’s a new twist in the broader pressure campaign the president has brought to bear on Powell to cut interest rates to …

Bloomberg The People’s Bank of China (PBOC) has asked commercial lenders not to lower the interest rate of home mortgages from the current level in order to curb the growth of home loans, according to sources. The PBOC offered verbal guidance to state-owned ban-ks, joint stock banks and other commercial lenders, the people said, asking not to be identified as …