UK inflation rate more than doubles in April.
- #Tesla Inc.’s growth in China slowed precipitously last month, adding to the company’s headaches after an embarrassing protest at the Shanghai auto show and several headline-generating crashes.
- The UK inflation rate more than doubled in April, jumping to 1.5% from 0.7% in March, as a rise in energy and clothing costs drove prices higher.
- Another major US bank is set to start trading in #Bitcoin, despite recent steep falls in the cryptocurrency, Wells Fargo said it would introduce managed funds for its wealthy clients.