Bloomberg The same prosecutors who put former President Luiz Inacio Lula da Silva behind bars for corruption and money laundering are now willing to see him placed on house arrest. Prosecutors of the so-called Carwash task force said the former president has shown “good behaviour” and is now entitled to a semi-open regime, which would allow him to leave jail ...

Bloomberg Unilateral actions risk escalating tensions in the South China Sea, Vietnamese Foreign Minister Pham Binh Minh said at the UN General Assembly, comments aimed at China that avoided mentioning China directly. “Vietnam has on many occasions voiced its concerns over the recent complicated developments in the South China Sea, including serious incidents that infringed upon Vietnam’s sovereignty,” Pham said. ...

Bloomberg Nancy Pelosi set House Democrats on a course towards an impeachment of President Donald Trump without a clear road map for where it will go and how long it will take. Democrats accelerated their inquiry, issuing a subpoena and setting plans for witness interviews. But Pelosi, the House speaker, must still settle internal divisions over the scope of the ...

Bloomberg Russian Foreign Minister Sergei Lavrov lashed out at the US and its allies as a dispute over Washington’s refusal to issue some visas for officials from Russia attending the UN General Assembly fuelled tensions between the former Cold War enemies. Lavrov said he raised the issue with Secretary of State Michael Pompeo after a dozen members of Russia’s delegation ...

Bloomberg Austria’s snap elections have descended into the political equivalent of “The Bachelor” dating show, with a string of contestants fighting to partner with Sebastian Kurz in his comeback as chancellor. The far-right Freedom Party, Kurz’s ally in the previous administration, has made the most blatant play, running ads showing chief Norbert Hofer and a Kurz lookalike in couples therapy. ...

Bloomberg Toyota Motor Corp is boosting its stake in Subaru Corp to about a fifth of the smaller automaker, as Japan’s biggest car company arms itself for a future of self-driving vehicles, electric cars and evolving transport services. Subaru, the maker of Forester and Outback wagons, will also take a stake in Toyota, strengthening their capital ties and collaboration, according ...

Bloomberg SoftBank Group Corp is tapping Marcelo Claure to help turn around WeWork, after ousting co-founder and Chief Executive Officer Adam Neumann from the corner office earlier this week. Masayoshi Son, the head of SoftBank, WeWork’s largest investor, has asked the former chief executive officer of Sprint Corp to take a more hands-on role helping oversee a cleanup of the ...

Bloomberg Vietnam’s economic growth quickened in the third quarter, underpinned by solid growth in exports and manufacturing. Gross domestic product rose 7.31 percent from a year earlier, up from a revised 6.73 percent in the second quarter, the General Statistics Office in Hanoi said on Saturday. That compared to a median estimate of 6.7 percent in a Bloomberg survey of ...

Bloomberg Apollo Hospitals Enterprise Ltd, India’s largest hospital chain, is considering passing on the proceeds of corporate tax cuts announced to its shareholders, according to people familiar with the matter. Apollo may also use some of its tax savings to pay down debt and invest in the business, which operates 71 hospitals throughout India, said the people, who asked not ...

Bloomberg Indiabulls Housing Finance Ltd was set for the biggest drop in more than a week after the Delhi High Court agreed to hear a petition to investigate the financier. The petition alleged that Indiabulls Housing gave “dubious loans” worth billions of rupees to shell companies through firms owned by the group’s founders “to increase their personal wealth.” The company ...