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Bloomberg UK police launched a counter-terrorism inquiry after a car crashed into barriers outside Parliament on Tuesday. Three people were injured in the incident, which bears similarities to a deadly attack last year. The driver, a man in his late 20s, was arrested at the scene on suspicion of terrorist offenses, the Metropolitan Police said. Though he has not yet ...

Bloomberg More than 80 cars were set ablaze in cities across southwestern Sweden overnight as groups of masked youths threw stones and started fires in what may have been a coordinated action. In the Frolunda neighbourhood of Gothenburg, Sweden’s second-largest city, 31 cars burned and 35 were damaged as a group of 6-8 masked youths threw stones and started fires, ...

Bloomberg A bridge on the main highway running down the Italian Mediterranean coast in the port city of Genoa has collapsed, and reports said at least 20 people died with others trapped in the rubble. Shares of Atlantia SpA, which runs the stretch of highway, fell almost 11 percent in Milan, the company’s biggest intraday drop since 2008. Atlantia Chief ...

Bloomberg President Nicolas Maduro took to the airwaves to tell Venezuelan drivers that the days of being able to fill up their tanks with some of the cheapest gasoline in the world were over. From August 15-17, drivers must register to receive subsidies for gasoline purchases, and those who do not will have to pay international prices for fuel. Maduro, ...

Bloomberg Special Counsel Robert Mueller’s Russia investigation hasn’t yet become a top issue for most voters. But when it comes to fundraising, Democrats and Republicans battling for control of Congress in November are using the probe to cash in. Some Democrats are pitching to donors that they’ll prevent Mueller’s ouster or other interference by President Donald Trump. Republicans are telling ...

Bloomberg Ensign Energy Services Inc. went hostile with a roughly C$470 million ($358 million) cash bid for Trinidad Drilling Ltd. after objecting to the terms of a confidentiality agreement the rival oilfield-service company wanted it to sign to engage in negotiations. Trinidad’s demand for “a lengthy standstill provision” wasn’t in the best interest of shareholders, Calgary-based Ensign said. Standstill agreements ...

Bloomberg Saudi Aramco, Air Products and ACWA Power said that they had signed a deal to form an $8 billion gasification and power joint venture in Saudi Arabia. The new entity, which will be located in the kingdom’s Jazan Economic City, will purchase gasification assets, power block and associated utilities from state-owned Aramco for about $8 billion, the companies said ...

Bloomberg Careem Networks FZ, the Middle Eastern ride-hailing provider, is testing a bus-booking service ahead of a possible roll-out out across all 14 countries it operates in. Careem Bus — a division aimed at attracting low-income earners — will initially go live in at least four Egyptian cities, and is expected to be rolled out in September, according to people ...

Bloomberg Elon Musk continued to drip feed details of his controversial plan to take Tesla Inc. private, saying that he’s getting advice from Goldman Sachs Group Inc. and private-equity firm Silver Lake. In a tweet, the electric-car maker’s chief executive officer said he’s also lined up legal advisers for the possible transaction. A Tesla spokesman said Musk’s tweet refers to ...

Bloomberg Wall Street says Ford Motor Co. must cut its dividend. The automaker says that’s nonsense. The debate erupting over Ford’s quarterly payout to shareholders — including the founding family that derives millions from the disbursements — is exposing a growing and contentious divide over what needs to be done to fix the ailing automaker. Analysts at Morgan Stanley and ...