Bloomberg Business

Amazon’s $1.65 Billion Bid to Buy iRobot Gets In-Depth EU Probe

Amazon.com Inc.’s $1.65 billion bid to buy vacuum cleaner maker iRobot Corp. faces an in-depth European Union investigation amid concerns the takeover could thwart competitors by giving the ecommerce giant access to a new stash of user data.

UK Tells Banks to Do More to Help Savers Access Best Rates

Banks must “accelerate” efforts to make it easier for customers to access their best savings rates, the latest sign of the mounting pressure on lenders to pass on more of the benefits of higher interest rates.

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