Bloomberg Germany will join European peers like France and Poland next year in selling green bonds, tapping rising demand and favourable issuance costs for such debt as it boosts investments to cut carbon pollution. Europe’s benchmark issuer will sell about 10 billion euros of the bonds from mid-year via auctions, “twinning” emissions with regular bonds of the same maturity and ...

Bloomberg With European banking mergers at their lowest on record — and profits slumping — politicians are finally getting more serious about the need for consolidation. German finance minister Olaf Scholz is seeking to persuade European colleagues of the need for a banking union. He called publicly last month for a deposit insurance system that works across the region, a ...

Bloomberg Facebook Inc is pursuing rights to music videos from major record labels, programming that could boost interest in its Watch video service, according to people familiar with the matter. The company is in the midst of negotiating new licensing deals with the three largest music companies, Universal Music Group, Sony Music and Warner Music Group, and has asked for ...

Bloomberg It’s mid-December, which means it’s time for the staff prognosticators at Bloomberg Technology to sheepishly revisit last year’s predictions while peering ahead with a brash certainty that we haven’t earned. On its surface, 2019 was the difficult year that most of us anticipated. The simmering trade tensions (perhaps diffused by the new phase-one trade agreement) raised the prospect of ...

Bloomberg One year after the tech giant announced it would bring hundreds of jobs to New York, and on the heels of major Manhattan lease announcements by Facebook Inc and Amazon.com Inc, the city’s real estate industry is wondering when the iPhone developer will make its move. “The absence is surprising,” Jim Underhill, chief executive officer of commercial-property firm Cresa. ...

Bloomberg Daimler AG’s Mercedes Benz has agreed to pay as much as $20 million in penalties for violations of how it operated its vehicle recall programme. Mercedes Benz’s US arm must pay $13 million immediately while the remainder is deferred in case there are additional violations. The penalty was announced by the National Highway Traffic Safety Administration. The company had ...

Bloomberg Apple Inc, Alphabet Inc’s Google and Amazon.com Inc — three of the biggest smart-home and voice-assistant providers — are joining forces to make internet-connected homes easier to set up and safer to use. The rivals announced that they’re working with the Zigbee Alliance, a foundation that promotes standards for the Internet of Things, and its members including Samsung Electronics ...

Bloomberg Boeing Co. scrubbed plans for its CST-100 Starliner to rendezvous with the International Space Station on the capsule’s debut flight, raising doubts over whether the company will be able to ferry astronauts to the orbiting laboratory next year. The mishap represented another high-profile setback for an aerospace giant that was already contending with the prolonged grounding of its top-selling ...

Bloomberg Walmart Inc. plans to place its giant brick-and-mortar stores at the center of its strategy to take on its web-based retail rival Amazon.com Inc., Dow Jones reported. Walmart President and CEO Doug McMillon, outlining the plans at a strategy meeting, pitched a vision where the company’s stores and its retail shopping model is the base of an expanding array ...

Bloomberg United Airlines Holdings Inc. has given up on flying the Boeing Co. 737 Max until June, two months longer than rival US carriers, as the regulatory fate of the grounded aircraft remains unclear. The Max will be removed from its schedule until June 4, the Chicago-based carrier said. American Airlines Group Inc. and Southwest Airlines Co., the other US ...