Bloomberg Bulgaria and Russia agreed to resurrect the canceled South Stream natural gas pipeline across the Black Sea and the Belene nuclear power plant as the Balkan country seeks to reduce payments over unfulfilled contracts awarded to Russia by international courts. Bulgaria and Russia agreed to set up working groups that will seek ways to resume work on the ...

  Frankfurt / AFP Tens of thousands of Delta Airlines passengers around the world were stranded on Monday by a computer outage that the company said had grounded all its flights. It blamed a power failure at its hub in Atlanta. “Delta has experienced a computer outage that has affected flights scheduled for this morning,” the company said in a ...

  How did Donald Trump win the Republican nomination despite clear evidence that he had misrepresented or falsified key issues throughout the campaign? Social scientists have some intriguing explanations for why people persist in misjudgments despite strong contrary evidence. Trump is a vivid and, to his critics, a frightening present-day illustration of this perception problem. But it has been studied ...

  The tangle of Syria is getting deeper. What started as a bloody crackdown on peaceful protesters mutated into a multifaceted proxy war that triggered Europe’s worst migrant crisis since World War II and facilitated the rise of IS and its global campaign of terror. It has grown into an international proxy conflict. There are regional powers Iran and Saudi ...

  The improvement in the US labour market is certainly good news. It could soon become a headache, however, if it persists alongside disappointing economic growth. The economy added 255,000 jobs in July, after adding 292,000 in June. Employment growth was weaker earlier in the year, and two solid months don’t make a trend — but even so, the labor ...

  Once again, India is in danger of sabotaging its own efforts to raise foreign investment to China-like levels. The latest salvo in this undeclared, self-defeating war is the government’s reported decision to block Tata Sons from paying what arbitrators say the company owes to a former partner, the Japanese company NTT DoCoMo. The decision is particularly odd because, under ...

  Statistically, the odds of being caught up in a terrorist attack in Europe are still vanishingly small. But the Bastille Day killings in Nice, the attack in Ansbach, and the brutal slaying of an elderly French priest in his church near Rouen have punctured any remaining sense that the threat from terrorism is remote or receding. Saturday’s machete attack ...

  Marie WOLFROM In Africa, military coups and election violence are becoming rarer but poll rigging and manipulation remain rife, hobbling the continent’s democratic progress, experts say. “We have this paradox where the number of elections is increasing but their quality is decreasing,” said Nic Cheeseman, an associate professor of African studies at Oxford University. “Leaders are becoming more and ...

  Bloomberg Emerging-market stocks and currencies headed for the highest close in more than a year as prospects for central bank stimulus and a better-than-expected U.S. jobs report fueled demand for higher-yielding assets. Turkish assets gained after Moody’s Investor Service delayed a potential sovereign downgrade. South Korean stocks rallied after S&P Global Ratings raised the country’ credit ranking. Russia’s ruble ...

  DUBAI / Reuters The Nasdaq Dubai exchange will open an equity futures market next month to trade single-stock futures on the shares of some of the United Arab Emirates’ biggest companies, the bourse’s chief executive said on Monday. The introduction of stock futures could be a major development for equity markets in the UAE, where short-selling is restricted and ...