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Romania’s Orban faces ‘no-confidence’ vote

Bloomberg Romania’s minority government is facing a no-confidence vote just three months since taking power, though it’s likely to benefit whatever the result. The Black Sea nation is well acquainted with political chaos, having had more prime ministers than any other European Union member-state in the three decades since communism collapsed. This time around, the ruling Liberal Party opened the ...

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SoftBank partner at $100b Vision Fund is leaving

Bloomberg A top US partner at SoftBank Group Corp’s $100 billion technology fund is stepping down, after the company posted declining returns on its investments and struggled to raise capital for the next Vision Fund. Michael Ronen, the outgoing managing partner, expressed concerns about “issues” at SoftBank in an interview with the Financial Times, which earlier reported his departure. Since ...

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Virus hits India’s castor oil exports

Bloomberg Exports of castor oil from India to China may slow on concern the spread of coronavirus will impact port logistics in the world’s most populous country, according to India’s top shipper. “Some Chinese buyers of castor oil have told us to go slow on shipments as they anticipate ports may be affected because of the spread of coronavirus,” said ...

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