Bloomberg Armenian Prime Minister Nikol Pashinyan resigned to trigger new parliamentary elections, following months of opposition protests and calls from top army officers to resign over defeat in last year’s war with neighboring Azerbaijan. The resignation of Pashinyan, 45, will begin the process of dissolving parliament ahead of elections announced for June 20. He earlier met with leaders of the ...

Bloomberg Citigroup Inc could fetch as much as $6 billion from the sale of retail banking assets in 13 markets across the Asia-Pacific region, Europe and the Middle East as the lender forges ahead with plans to fine-tune its global branch network, people familiar with the plan said. The sale process for Australia is the furthest along and the preliminary ...

Bloomberg ICICI Bank Ltd. posted a more than threefold rise in fourth-quarter profit, helped by strong earnings from its lending business even as it set aside a smaller pot of money to cushion the impact of more bad loans that could result from India’s deteriorating coronavirus situation. Net income at the nation’s second largest private lender stood at 44.03 billion ...