Bloomberg North Korea says it has moved closer to test-firing an intercontinental ballistic missile with the potential of hitting the US mainland. “US President Donald Trump has said the world will never see North Korea reach the final stage of developing nuclear weapons that could reach the US, but recent strategic weapon tests have proved the country is ‘not far ...

Bloomberg German Chancellor Angela Merkel took a shot at President Donald Trump’s proposed border wall, telling an audience in Mexico that a physical barrier won’t resolve any country’s immigration issues. “We must fight against the causes that lead people to abandon their homes,” Merkel said at a business event at Mexico City’s Interactive Museum of Economics. “And constructing walls isn’t ...

What does the FBI director do when he suspects the president is a manipulative liar? The answer in James Comey’s case is that he writes memos, tries to evade demands for loyalty — and anguishes about protecting himself and the FBI. But by Comey’s own admission, perhaps he should have done more. The big news had already surfaced before Comey’s ...

There’s something about the Indian stock market this year that’s turning the serious business of managing money into a kindergarten spoon race: Everybody is a winner. Well, almost everybody. Among offshore funds that primarily invest in India, the top 30, which between them account for $40 billion in assets, have produced average returns of almost 25% so far in 2017, ...

UK Prime Minister Theresa May’s election gamble has failed disastrously. The consequences are dire for her party and government, and could be equally bad for her country’s relationship with Europe. May had hoped to increase her Conservative majority in Parliament, and instead has seen it wiped out. The Tories are the largest party in the House of Commons and with ...

As former FBI Director James Comey testifies before the Senate Intelligence Committee, it’s useful to bear two things in mind: What he’s describing isn’t normal. And it isn’t going away. In a written statement released before his appearance, Comey depicted a disturbing sequence of events related to the investigation into Russia’s meddling in the 2016 election. President Donald Trump repeatedly ...

‘Enough is enough,’ UK Prime Minister Theresa May declared after the London terror attack, the third one this year. But what she proposed to counter the terrorist attacks was, essentially, some freedom of speech restrictions, more powers for law enforcement and longer sentences for terror-related offenses — the same old toolbox that has been used for almost two decades. There ...

European regulators have pushed a dying Spanish bank into the arms of Banco Santander SA, the euro zone’s biggest lender by market value. The takeover of Banco Popular Espanol SA saves face for regulators and politicians eager to avoid an embarrassing taxpayer rescue. It allows Santander to boost its own balance sheet and scoop up a rival for a song. ...

The vote to have Britain exit the European Union highlighted deepening rifts across the country — between the old and the young, the rich and the poor, the North and the South. May’s proposals, which focus on lower taxes funded by cuts to education, health care and security, are likely to make Britain an even more divided kingdom. Once among ...

Bloomberg The Venezuelan debt that Goldman Sachs Group Inc. bought last month may be known as “hunger bonds” to many in the international community, but they’re earning a different moniker on Wall Street: repudiation bonds. In the days since that controversial transaction, numerous investors have been approached by brokers putting out initial feelers to gauge their interest in the notes, ...