Bloomberg The US Treasury Department imposed sanctions on Iran’s central bank governor and another senior official in the bank for allegedly providing support for terrorist activities, drawing condemnation from Tehran. The latest escalation in tensions came as European officials gathered with Iran’s foreign minister in Brussels to find ways to salvage the 2015 Iranian nuclear deal following President Donald Trump’s ...

Bloomberg Malaysian politician Anwar Ibrahim is a free man just one week after his coalition’s shock election win and after more than three years in jail. Still, while it clears the way for him to return to politics, it’s unlikely he will take over as premier anytime soon. Anwar walked late morning from a hospital where he’d been receiving treatment, ...

Bloomberg Slovak President Andrej Kiska won’t seek a second term in next year’s election, removing a key pro-European voice in a country that is at the center of a region gripped by a rise of euroskeptic and anti-establishment sentiment. Kiska told a news conference that he would step aside, saying some of his decisions had divided society. His departure would ...

Bloomberg Unlike just about everyone else on Capitol Hill, the Republican and the Democrat who head the Senate Intelligence Committee have made a determined show of bipartisanship in their Russia probe. Soon that unity will be put to the test. From the start of the Senate committee’s probe in January 2017, Chairman Richard Burr and top Democrat Mark Warner sought ...

Bloomberg The Scottish Parliament voted against Theresa May’s landmark Brexit legislation, setting up a potential constitutional crisis and further complicating the path to an orderly departure. Lawmakers in Edinburgh voted 93-30 to withhold consent for the EU withdrawal bill. The UK can disregard the vote, but it would be the first time London asserts its dominance over the regional parliament. ...

Bloomberg An Indian tribunal ordered billionaire Anil Ambani’s Reliance Communications Ltd. be placed under insolvency proceedings, jeopardising the phone company’s proposed $3.7 billion asset sale to Reliance Jio Infocomm Ltd. The Mumbai bench of the National Company Law Tribunal on Tuesday accepted a petition from the Indian unit of network-equipment maker Ericsson AB, which is seeking to recover 11.6 billion ...

Bloomberg Masayoshi Son, the founder and chief executive officer of SoftBank Group Corp., is already thinking about his next $100 billion venture — a version 2.0 of the world’s biggest technology fund, according to people familiar with the matter. The Japanese entrepreneur has held preliminary discussions with investors about committing to a second fund as early as 2019, the people ...

Bloomberg Some of Asia’s biggest infrastructure investors are seeing plenty of opportunities in India. In China’s mammoth Belt-and-Road initiative, however, not so much. India is a key market for Macquarie Group thanks to strong economic growth and state asset sales, said Frank Kwok, co-head of Asia Pacific at Macquarie Infrastructure & Real Assets. Hence its recent purchase of nine toll-roads ...

Bloomberg Didi Chuxing is overhauling safety measures across its business after a female customer of its Hitch carpooling service was allegedly murdered by a driver using its app in China. Hitch has been marketed as a social ride-sharing service, allowing drivers and passengers to label or rate each other by appearance. Such features attracted criticism as the platform was rife ...

Bloomberg PayPal Holdings Inc. is teaming up with Indonesian venture-capital firm Alpha JWC Ventures to back emerging financial technologies that can be developed for Southeast Asia. Under the partnership, Jakarta-based Alpha JWC will contribute as much as $5 million in funding for PayPal Incubator, said Alpha JWC Managing Partner Will Ongkowidjaja. After being selected by PayPal and Alpha JWC senior ...