Bloomberg European Union foreign ministers will hold a special meeting to discuss the unstable situation in Belarus, with some floating renewed sanctions from the bloc. The EU “lifted sanctions against Belarus because the country had taken steps in the right direction,” German Foreign Minster Heiko Maas said in Moscow. “But now we in the European Union need to discuss very ...

Bloomberg US President Donald Trump’s campaign is inadvertently funding Chinese state media outlets and entities tied to the Kremlin through automated advertisements on YouTube, according to a study of thousands of videos on the Google service. Omelas Inc, a Washington-based security software firm, reviewed the YouTube clips in early August and found 22 Trump campaign ads running on YouTube channels ...

Bloomberg The mayor of Prague will travel to Taiwan to meet President Tsai Ing-wen, deepening a rift between Beijing and politicians in a country once seen as one of the most China-friendly in Europe. Zdenek Hrib, who ignited outrage in China last year when he cancelled a sister-city agreement between Shanghai and the Czech capital, will accompany Senate leader Milos ...

Bloomberg Australian authorities detained at least two cargo ships for alleged labour violations related to demands from seafarers to be sent home, some of whom have spent more than a year at sea. The ships, which are or will be carrying materials for Cargill Inc and for an aluminum industry joint venture that includes Rio Tinto Group, will be detained ...

Bloomberg A train derailment in Scotland killed three people, including the driver, and left another six injured, according to the British Transport Police. The train was travelling between Aberdeen and Glasgow when it left the tracks near Stonehaven, on Scotland’s east coast. While the cause of the accident is still to be officially determined, Scotland experienced heavy rain, leading to ...

Bloomberg The fortunes of India’s shadow lenders are showing signs of turning, suggesting stimulus measures from policy makers will help the troubled sector weather some of the fallout from the pandemic. Premiums that investors seek to buy AAA rated five-year bonds of non-bank lenders over similar-maturity government notes narrowed the most last month since at least 2012, helping a gauge ...

Bloomberg Singapore’s financial-services sector, which accounts for 4.5% of total employment, may see more job losses during the second half of the year as the country goes through its worst recession ever, the central bank warned on Wednesday. Banks, insurers and other financial institutions held up well during the first six months when the sector created about 1,500 jobs and ...

Bloomberg Barclays Plc is moving some top bankers to its new sustainability teams as it seeks to gain a larger foothold in providing financing and advice for activities that help mitigate climate change. Justin Peagram, previously a managing director in the natural-resources group, will now focus on sustainable energy and other emerging-growth areas as part of the sustainable and impact-banking ...

Bloomberg New Zealand’s central bank expanded its quantitative easing program and said it’s open to cutting interest rates into negative territory as a new coronavirus outbreak threatens the economic recovery. The Reserve Bank increased its Large Scale Asset Purchase program to as much as NZ$100 billion from NZ$60 billion, and extended it until June 2022, according to a statement on ...

Bloomberg ABN Amro Bank NV will cut its investment bank by about a third and shut down lending outside of Europe as the Dutch bank tries to turn around business hit hard by the market chaos caused by the coronavirus crisis. ABN Amro will stop providing corporate finance outside Europe and exit trade and commodity financing altogether, the Dutch bank ...