The U.K. statistics office said rising prices for air travel, recreational and cultural goods and services, and second-hand cars were the biggest contributors to May inflation.

Fully electric vehicle sales rose 71% year over year to around 130,000. That equates to 14% of all European Union car sales, up from 9.6% a year ago, the European Automobile Manufacturers’ Association said Wednesday.

Buffett doubling down on a big Japan bet, after making $10 billion in three years

SoftBank Group’s shares rose Wednesday after Chief Executive Masayoshi Son said he will shift his stance to “counter-offensive” soon.

Chinese solar-power equipment maker LONGi Green Energy Technology is seeking to raise 20 billion yuan ($2.78 billion) via an issuance of global depository receipts in Switzerland.

Tesla Inc. Chief Executive Elon Musk met Tuesday with India’s Prime Minister Narenda Modi, and said Tesla will be in India “as soon as humanly possible.”

Executives at FedEx Corp. on Tuesday said labor negotiations at rival UPS have led to “a lot of great conversations” with UPS customers.

The 10-year Treasury yield isn’t likely to push far above 3.85% for the rest of this year unless three things happen, according to BCA strategists.

“Social media has already shown us the damage it can do” without proper safeguards, Biden said Tuesday. He said tech innovations over the next several years powered by AI will eclipse all that has been accomplished the past several decades.

Shares of FedEx Corp. fell after hours on Tuesday after the package deliverer offered up a full-year profit forecast that fell short of expectations.