When Facebook went down for hours this week, the internet was all atwitter (sorry). Most of what I came across was fairly snarky, but a lot of the posts were pretty clever. I saw a variation of this retweeted many times: “News flash! Facebook down! People talk to each other, kids play with toys!” (Actually, they were probably playing Fortnite ...

Bloomberg German Chancellor Angela Merkel said it’s up to Deutsche Bank AG and Commerzbank AG executives to decide if their historic merger plans make sense, exposing divisions in the coalition. The plan to combine Germany’s two biggest lenders is a private business matter, Merkel said at the Global Solutions summit in Berlin, after the lenders announced talks on a deal ...

Bloomberg Pakistan’s central bank sees inflation behaving well in the next financial year beginning July, but will stand ready to use monetary policy tools after the most aggressive interest rate tightening in Asia last year, its governor said. Consumer price growth will be anchored by low food inflation, State Bank of Pakistan Governor Tariq Bajwa said in an interview. While ...