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Bloomberg European carmakers’ share rally this year might hit a roadblock as a US probe of auto imports raises the potential of new tariffs, with underperforming German manufacturers particularly at risk. US Commerce Secretary Wilbur Ross submitted a report to President Donald Trump on whether vehicles made abroad pose a national-security risk, according to a statement. Trump will have 90 ...

Bloomberg A committee of senior lawmakers in the UK recommended the British government take tougher measures to keep technology companies like Facebook Inc. in check, following a year-long inquiry into fake news and its impact on elections. Damian Collins, the policy maker who spearheaded the inquiry, called for Parliament to create new laws to help a proposed regulator oversee the ...

Bloomberg UK private-sector workers are set for their biggest wage increase in at least seven years as companies struggle to fill vacancies. The Chartered Institute of Personnel and Development said on Monday the expected median pay award has risen to 2.5 percent, the highest since it began the survey in 2012 and above the rate of inflation. Almost three quarters ...

Bloomberg The venture capital arms of Alphabet Inc.’s Google and Salesforce.com Inc. are investing in UK payments startup GoCardless, which has raised an additional $75 million to fund expansion. The financing is being led by Adams Street Partners, GV, formerly known as Google Ventures, and Salesforce Ventures, GoCardless said in a statement. Existing investors Accel Partners, Balderton Capital, Notion Capital ...

Bloomberg When US President Donald Trump sits down to talk peace with North Korean leader Kim Jong-un later this month, one of America’s closest allies— Japan — will be looking on with apprehension. Like the first time Trump met Kim in June, Japanese Prime Minister Shinzo Abe has found himself on the outside peering in before their second summit set ...

Bloomberg Four Indian soldiers and two militants were killed in a gun battle in Kashmir on Monday, days after a deadly attack in the disputed region heightened tensions with neighbour Pakistan. The soldiers were killed during a search operation in Pulwama district, near the summer state capital of Srinagar, an Indian Army spokesman said in New Delhi. The army also ...

Bloomberg Prime Minister Shinzo Abe declined to say whether he nominated Donald Trump for a Nobel Peace Prize, while praising the US President for “decisive” efforts to resolve the problems of a nuclear-armed North Korea. Abe, who has worked hard to build a personal rapport with Trump, walked a fine line during a parliamentary committee meeting on Monday when asked ...

Bloomberg President Donald Trump wanted the Russia investigation cited in the memo firing FBI Director James Comey, and believed Russia’s president over his own intelligence agencies about North Korea’s missile capability, former Acting FBI Director Andrew McCabe said. McCabe said in a pre-recorded interview on CBS’s “60 Minutes” broadcast that Deputy Attorney General Rod Rosenstein didn’t want to include a ...

Bloomberg Two decades into Europe’s biggest unresolved dispute, Serbian President Aleksandar Vucic says it’s time for a deal on Kosovo. After Greece and the ex-Yugoslav region of Macedonia settled a country-name clash, international pressure is shifting to Vucic to work for a deal with Kosovar leader Hashim Thaci. That would allow both sides to join the European Union and, at ...

Bloomberg Theresa May will lead a last-ditch diplomatic drive to persuade European Union leaders to save her Brexit agreement, as she faces a rebellion from Cabinet ministers who want to stop the UK leaving without a deal. May’s allies believe she has just nine days left to save her strategy before members of Parliament run out of patience and step ...