Bloomberg EQT Partners, the largest buyout firm in the Nordic region, is planning a Stockholm listing this year in what could be the biggest European initial public offering for a private equity firm in two decades. The planned IPO is expected to encompass 20 percent of the total number of shares in EQT, which will include at least $550 million ...

Bloomberg Porsche is expanding its app-based subscription service to four new cities in the US and Canada, deepening its experiment in flexible car ownership even as other automakers back away. The luxury sports-car brand of Volkswagen AG is adding Las Vegas, San Diego, Phoenix and Toronto to the pilot program it started in Atlanta almost two years ago. The price ...

Bloomberg Taiwan denied interfering in Hong Kong’s affairs to support protesters, rejecting such claims by Beijing as “talking nonsense.” The Taipei-based Mainland Affairs Council said in a statement that unrest in the former British colony stemmed from the Communist Party’s refusal to consider protesters’ democratic demands. The agency was responding to comments by a top mainland representative on Taiwan affairs ...

Bloomberg US Vice President Mike Pence said the American people “stand with Ukraine” but that European nations should do more to help the former Soviet republic. The US has “carried the load” on Ukraine and “we’ve been proud to do that,” Pence told reporters on Monday in Warsaw. “But we believe it’s time for our European partners to step forward.” ...

Bloomberg Georgian Prime Minister Mamuka Bakhtadze stood down on Monday, saying he’d completed the tasks he’d set himself. “The strategic framework has been created and put into place,” Bakhtadze, 37, said in a lengthy Facebook post listing the achievements of his government in the Caucasus nation. “I have decided to leave my position, considering that I have accomplished my mission.” ...

Bloomberg A day after only a narrow victory in state elections, Chancellor Angela Merkel’s coalition realised once again that it needs to do far more to effectively stem the rise of populism in Germany. Yes, the Christian Democrats and their junior coalition partner, the Social Democrats, won in the eastern states of Brandenburg and Saxony. But the gains of the ...

Bloomberg The UK moved a step closer to a general election as the political crisis engulfing the country over its divorce from the European Union deepened. Allies of Prime Minister Boris Johnson are considering a snap poll as he battles his opponents in parliament who are trying to stop him taking the UK out of the EU without a deal ...

Bloomberg Botswana, the world’s second-biggest diamond producer, will hold elections on October 23, with the southern African nation’s ruling party facing its toughest challenge since gaining independence in 1966. Nominations for parliament and municipal candidates is set for September 26, the Independent Electoral Commission said in an emailed statement on Monday. The Botswana Democratic Party has been in power for ...

You could say many things to describe a week in which President Trump got in a snit about buying Greenland, called the Federal Reserve chairman an “enemy,” reversed his position repeatedly on China, and rebuffed European allies by saying he’s ready to invite Russia to a global summit at one of his Florida golf resorts. But “exhausting” would be the ...

What a difference a weekend makes. Emmanuel Macron emerged as big beneficiary from the G7 summit, a junket that has come under increasing criticism as the shrinking group of leaders struggle to forge a consensus in the era of Donald Trump. Last week, US president’s tone on Twitter was aggressively anti-European Union — but by Monday he was full of ...