International News

  Bloomberg The European Union promised to cooperate with US President-elect Donald Trump while vowing to stand by international agreements he has questioned including United Nations deals to curb climate change and ease sanctions on Iran. After a dinner in Brussels to discuss future EU-US relations in the wake of Trump’s victory in the Nov. 8 American election, European foreign ...

  Bloomberg Donald Trump may be good for the London housing market. That’s according to property website operator Rightmove, which says Trump’s shock election victory could spur the return of international investors seeking a safe haven. While asking prices in the capital fell for a fifth month, the 0.3 percent drop was much smaller than the 1.5 percent average seen ...

  Bloomberg Novartis AG is in talks to acquire US generic-drugs maker Amneal Pharmaceuticals LLC as the Swiss health-care company seeks to bolster its Sandoz business amid consolidation in the industry, according to people familiar with the matter. Novartis and Amneal may reach an agreement soon, the people said, asking not to be identified because the deliberations are private. No ...

  Bloomberg Siemens AG agreed to buy Mentor Graphics Corp. for $4.5 billion in its biggest acquisition since 2014 as the German engineering company extends its industrial software capability. Siemens will pay $37.25 a share in cash for Wilsonville, Oregon-based Mentor, the industrial giant said in a statement on Monday. That’s 21 percent above the closing price on Friday. Elliott ...

  Bloomberg What will Donald Trump actually do? It’s a question many Americans are asking themselves now that the US has wrapped up one of its least policy-specific elections ever. The president-elect has offered only the loosest of legislative prescriptions, including whatever plans he may have for the energy industry. The mystery hangs over turbine manufacturers like Vestas Wind Systems, ...

  Bloomberg U.K. Prime Minister Theresa May will respond to Donald Trump’s U.S. election victory by telling supporters of economic liberalization and free trade that they have to listen to the concerns of those who think such forces have more downsides than benefits. At the Mansion House in London on Monday evening, May will give her first major speech on ...

  Bloomberg When Europe sank into a debt crisis, cash flowed into Denmark. When Switzerland abandoned its peg, cash flowed into Denmark. And when Britain voted to leave the European Union, cash flowed into Denmark. But with a stock market heavily weighted toward trade, Denmark lost its allure in Donald Trump’s world. “Some of Donald Trump’s ideas are pretty negative ...

  Bloomberg Energy Transfer Equity LP said that it was mobilizing equipment in preparation to drill the final portion of its controversial Dakota Access crude pipeline, even as an Obama administration official said no decision has been made on the project. The pipeline giant can’t actually drill the final piece of the oil line beneath Lake Oahe in North Dakota ...

  Bloomberg Donald Trump’s rise is the latest setback for India’s ambition to become a factory for the world. Having missed the export-driven steam-boat that transformed China and fellow East Asian economies over the past several decades, India under Prime Minister Narendra Modi had pinned hopes on an ambitious “Make in India” campaign to make up lost ground. With the ...

  AP Pakistan’s top civilian and military leaders travelled to the country’s southwest on Sunday to open a new international trade route by seeing off a Chinese ship that’s exporting goods to the Middle East and Africa from the newly-built Gwadar port. The first convoy of Chinese trucks carrying goods for sale abroad has arrived in Pakistan amid tight security ...