Bloomberg The 14 sailors who died during a fire on a nuclear-powered Russian military submarine prevented a “planetary catastrophe,” a top naval officer said at their funeral, according to media reports. Captain Sergei Pavlov, an aide to the commander of Russia’s navy, praised the heroism of the men, who died as they battled to stop the fire from spreading in ...

Bloomberg British Conservatives plotting to thwart a no-deal Brexit will make another attempt this week to stop the next prime minister from forcing a chaotic break with the European Union without parliament’s consent. Former Attorney General Dominic Grieve, a veteran anti-Brexit rebel in the Conservative Party, plans to amend a bill going to parliament. He wants to ensure the House ...

China’s steelmakers have had enough of the squeeze. The government needs to “maintain normal iron-ore market order” and push prices back to “reasonable levels” Qu Xiuli, vice chairwoman of the China Iron & Steel Association, or CISA, told a conference in Shanghai. It’s not hard to understand the frustration. Iron-ore costs in June amounted to about a third of the ...