Bloomberg Australia and the Philippines are considering joint patrols in the South China Sea, their defense ministers said, as the Southeast Asian nation reported continuing presence of suspected Chinese vessels in contested waters. Australia also wants to pursue more military exercises with the Philippines, Defense Minister Richard Marles said in a briefing after meeting with Filipino counterpart Carlito Galvez …

Bloomberg UK Prime Minister Rishi Sunak suggested a coming deal with the European Union over post-Brexit arrangements in Northern Ireland would involve legal changes to the existing treaty, something the bloc has previously opposed. In the House of Commons, Democratic Unionist Party leader Jeffrey Donaldson complained that under the existing “unacceptable” deal — known as the protocol — “EU laws …

Bloomberg Deutsche Bank AG sees opportunity in Mexico where other investment banks don’t. The German lender is expanding its operations in Latin America’s second-largest economy, with an eye to tapping into international interest in the country’s manufacturing base, according to Christiana Riley, chief executive officer of Deutsche Bank Americas. That means focusing on providing more foreign-exchange and fixed-income derivatives to …