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Ex-billionaire Vijay Mallya lives on $6,700 a week after court order

Bloomberg Vijay Mallya is becoming something of a fixture in London courts. As the tycoon fights his extradition back to India on fraud charges, another set of lawyers is trying to overturn a $1.5 billion worldwide freezing order against him across town. In the meantime, Mallya has to get by on 5,000 pounds a week, according to court documents. A ...

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Israeli planes hit Gaza as Jerusalem crisis deepens

Bloomberg Israeli fighter jets struck Hamas targets in the Gaza Strip, killing at least two people, in response to rockets fired by Palestinian protesters into Israel. The clashes came as Muslims took to the streets from the West Bank to Jakarta to protest US President Donald Trump’s move to recognise contested Jerusalem as Israel’s capital. Violence associated with the “Day ...

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‘Macron doesn’t get everything right on Europe’

Bloomberg Martin Schulz signalled he wouldn’t give France a blank check on European policy if he takes the party into a government with Chancellor Angela Merkel. Fresh from re-election as head of Germany’s second-biggest party, Schulz combined a defense of his call for a “United States of Europe” by 2025 with a message to French President Emmanuel Macron. Schulz has ...

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