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US-China feud is ruining Christmas for toymakers

Bloomberg Chinese factories are normally at their busiest during the third quarter, cranking out production of everything from Barbie dolls to miniature trucks in time to ship them over the ocean to the US ahead of the all-important holiday shopping season. This year’s different. Even with President Donald Trump delaying tariffs on $160 billion of toys to smartphones to spare ...

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Queen approves UK’s Johnson plan to suspend parliament

Bloomberg Queen Elizabeth II approved Boris Johnson’s request to suspend parliament for almost five weeks ahead of Brexit. The prime minister’s move sets up a showdown with lawmakers who want to block him from taking the UK out of the European Union without a deal. The pound fell. Privy Council said Queen approved Johnson’s request to prorogue — suspend — ...

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India top court to review change in Kashmir status

Bloomberg India’s Supreme Court has agreed to examine the constitutional validity of Prime Minister Narendra Modi’s decision to scrap Kashmir’s autonomy but refused to immediately lift an unprecedented state-wide lockdown on communications and movement. The court’s three-judge panel headed by Chief Justice of India Ranjan Gogoi said a constitution bench comprising five judges will review the legality of abrogating Article ...

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