International News

­­­­­­­­­­­Bloomberg Britain and the European Union are at odds over how soon the Brexit talks can pivot towards a trade deal as Theresa May’s government seeks to turn on the pressure by disclosing more policy details. The UK government will publish five papers this week, with two dropping on Monday. The one that examined the treatment of goods said that ...

Bloomberg The US said it’s slashing visa services in Russia after the Kremlin ordered it to cut two-thirds of staff at its embassy and consulates as relations between the former Cold War rivals spiraled. All non-immigrant visa operations will be halted from Aug. 23 and will resume “on a greatly reduced scale” from Sept. 1, with applicant interviews conducted solely ...

Bloomberg Citigroup Inc. will move its Japan headquarters and about 1,200 employees to a new building in Tokyo by the end of the third quarter, according to people familiar with the matter. The New York-based firm will officially move the location of its main Japan office to the Otemachi Park Building from the Shin-Marunouchi Building on August 28, said the ...

Bloomberg An online advertisement for Lancome lipstick or a Lamborghini might not appear to have anything to do with the technology guts of modern financial markets. But with fraud rampant, some of Wall Street’s hottest buzzwords are being uttered on Madison Avenue. About a fifth of digital ad spending—an estimated $16 billion this year—will wind up in the pockets of ...

Bloomberg Shares of Unicom Group’s key units in Shanghai and Hong Kong rose after China’s second-largest wireless carrier announced a $11.7 billion stock sale as part of a government push to draw private capital into its state-owned enterprises. China United Network Communications Ltd., which has been suspended from trading since April, climbed by the 10 percent daily limit to 8.22 ...

Bloomberg Thailand’s economy grew at the fastest pace in more than four years, led by a surge in farming output and tourism. Gross domestic product rose 3.7 percent in the second quarter from a year ago after expanding 3.3 percent in the first quarter, the National Economic and Social Development Board said on Monday. The median estimate of 21 economists ...

Bloomberg Infosys Ltd. begins the search for a new chief executive officer this week with a tough set of requirements for any candidate: The person must be capable of leading a 200,000 employee organisation, willing to tackle sweeping changes in the outsourcing industry and brave enough to drop in the middle of open warfare between the company’s board and co-founders. ...

Bloomberg The UK is piling pressure on the European Union to shift the focus of Brexit negotiations away from the terms of divorce and onto their future relationship. Britain will publish a flurry of documents in the coming days laying out the government’s position on topics ranging from data protection to judicial cooperation. Five papers are due to be published ...

Bloomberg Alphabet Inc.’s Google is developing new tools designed to boost subscriptions for news publishers. It follows a similar olive branch from Facebook Inc. to an industry that has seen the digital behemoths take over the online advertising market. Google’s latest foray arrives on three fronts. The first is a revamp of its feature, called “first click free,” that allows ...

Bloomberg Nestle SA’s Poland Spring Water unit has duped American consumers into paying premium prices for ordinary groundwater that’s pumped from some of Maine’s most populated areas, rather than from natural springs as the company advertises, according to a lawsuit. While Poland Springs says its water bottles contain “100 percent natural spring water” from a source deep in Maine’s woods, ...