Bloomberg Philippine President Rodrigo Duterte will consider joint naval exercises with Russia, his spokesman said on Thursday, months after he decided to reduce military drills with the US. At a briefing in the presidential palace, spokesman Ernesto Abella said Duterte saw this week’s visit by two Russian warships to Manila would enhance friendship between the navies. Duterte, who in …

  NEW ORLEANS / AFP The Coast Guard says it’s responding to a fire on an oil platform in the Gulf of Mexico off the coast of Louisiana. A Coast Guard news release says the fire was reported around 2:30 a.m. Thursday on an oil platform about 80 miles south of Grand Isle, Louisiana. The Coast Guard says four people aboard …

  One of the most tangible consequences of the UK’s June vote to quit the European Union was the immediate collapse in the value of the pound. The combination of a huge political upset — which saw the resignation of a national leader — and the prospect of a wounded economy drove sterling lower on the foreign exchange market in …