Bloomberg A Russian court ruled that Michael Calvey, the founder of private-equity firm Baring Vostok Capital Partners and one of the country’s longest-standing American investors, should be held in custody for nearly two months in an embezzlement case. Calvey will be held through April 13, the judge said. Calvey’s lawyer said the investor maintains his innocence and will appeal. Calvey ...

Bloomberg Sebastian Kurz is getting tough on how the country’s family silver is managed. The Austrian Chancellor’s government put a new team in charge of the more than 22 billion euros worth of company stakes held by the state, giving marching orders that for the first time in decades include a license to buy. The more active role that Kurz ...

Bloomberg A nonprofit sued to block President Donald Trump from diverting funds from the federal budget to spend about $8 billion on his promised border wall, hours after he declared a national emergency. Public Citizen, a consumer rights think tank, filed the complaint on behalf of a nature preserve and three landowners in southern Texas who’ve been told the government ...