Bloomberg Tension inside the Italian government mounted over the weekend as Italy’s League widened its lead in public support over its partner in the populist coalition. Giancarlo Giorgetti, a League member and key aide to leader Matteo Salvini, warned that the government could be at risk of falling apart if the parties focus only on polling results, according to an ...

Bloomberg Egyptian security forces killed 19 militants suspected in a weekend attack on a busload of Coptic Christians, the Interior Ministry said on Sunday. Photos released by the ministry showed several of the suspected militants dead on the ground, as well as personal belongings including posters bearing the logo of IS. The attack on Friday, claimed by the extremist group, ...

Bloomberg Theresa May has secured concessions from Brussels that will let her keep all of Britain in a customs union with the European Union to avoid a hard border in Northern Ireland, the Sunday Times reported, without saying where it obtained the information. The move could win over some opposition Labour lawmakers and increase the chances of getting a Brexit ...

Bloomberg The Senate Judiciary Committee found “no credible evidence” to support allegations against Supreme Court Justice Brett Kavanaugh that were presented during his confirmation process. “This was a serious and thorough investigation that left no stone unturned in our pursuit of the facts,” said Iowa Senator Chuck Grassley, chairman of the committee, in a statement about the report on the ...

Bloomberg When Donald Trump called to congratulate Brazil’s president-elect on Sunday, neither spoke the other’s language. Luckily, among Jair Bolsonaro’s well-wishers in the room, was a 24-year-old YouTube personality who was ready to offer his English skills to bridge the translation gap. That was just the start of a week marked by off-protocol improvisation. The former Army captain was elected ...

Bloomberg Royal Dutch Shell Plc stepped up its share buyback program as cash flow surged on higher crude prices, even as profit fell slightly short of expectations. Cash flow from operations including working capital movements was $12.09 billion in the third quarter, the highest since 2014. The company said it will repurchase $2.5 billion of shares up to January 28, ...

Bloomberg Encana Corp. agreed to buy US shale producer Newfield Exploration Co. in its largest-ever acquisition, inflaming investors’ ire by reversing course on a strategy of slimming down its oil and gas portfolio. The $5.5 billion purchase will give Encana positions in the Stack and Scoop shale fields in Oklahoma, the Bakken region of North Dakota and the Uinta play ...

Bloomberg Russian oil production moved closer to an all-time high before the nation meets with OPEC partners to discuss future supply. The country’s crude and condensate output averaged 11.412 million barrels a day last month, according to data from the Energy Ministry’s CDU-TEK unit released. Th-at’s about 160,000 barrels a day more than two years ago, before Russia agreed to ...

Bloomberg Japan’s top diplomat says it is up to South Korea to resolve forced labour claims looming over dozens of Japanese companies that are threatening to upend ties between the two neighbours. Foreign Minister Taro Kono said in an interview that the South Korean Supreme Court’s decision ordering a Japanese company to pay compensation to people forced into its service ...

Bloomberg Indian billionaire Kumar Mangalam Birla’s Hindalco Industries Ltd. reported a jump in quarterly profit driven by higher revenue at its aluminum operations even as it flagged risks from higher raw-material costs and rising imports. Net income, including that of its Utkal Alumina unit, rose to 7.3 billion rupees ($100 million) in the three months through September from 4.7 billion ...