Bloomberg Business

Traders Bet UK Rates Are Heading to the Highest Since 1998

Bets on the trajectory of the Bank of England’s key interest rate surged to the highest level in a quarter century as traders questioned officials’ ability to tame inflation without hobbling the UK economy.

Scholz’s Stumbling Coalition Hit With Blow by Court Rebuke

After a bruising few months, Chancellor Olaf Scholz and senior members of his ruling coalition were relaxing at a reception in Berlin’s leafy Tiergarten park when an unprecedented rebuke from Germany’s top court dropped.

Sweden NATO Goal Enters Home Stretch as Turkey Upholds Block

Sweden’s prime minister will come face to face with Turkish President Recep Tayyip Erdogan on Monday, as Ulf Kristersson is making a last-ditch push to convince Turkey that his nation should be allowed to join NATO.

Ford’s EV Sales Fall After Slow Recovery From Factory Shutdown

Ford Motor Co.’s US electric vehicle sales fell 2.8% in the second quarter, losing ground to Tesla Inc. and General Motors Co., after the automaker paused production early this year at the Mexican factory that builds its battery-powered Mustang Mach-E.

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