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Merkel ally seeks top EU job to counter ‘revolt’

Bloomberg An ally of German Chancellor Angela Merkel will run for the leadership of the European Commission as the continent’s biggest party seeks to counter a populist revolt. Manfred Weber, German head of the Christian Democrats in the European Parliament, said on Wednesday he would seek to succeed Luxembourg’s Jean-Claude Juncker as president of the Brussels-based commission. Juncker’s term atop ...

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Congo’s top court bars oppn leader Bemba from election

Bloomberg The Democratic Republic of Congo’s top court disqualified opposition leader Jean-Pierre Bemba from presidential election because of his International Criminal Court conviction for witness-tampering. The decision confirms the removal of a second key opponent from the race against President Joseph Kabila’s anointed successor and increases the risk of protests by Bemba’s supporters. It also raises questions about the credibility ...

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US tech shares tumble; emerging currencies dip

Bloomberg US stocks fell, with FANG shares tumbling as executives of the tech heavyweights face scrutiny on Capitol Hill. The selloff in emerging market currencies deepened, adding to the risk-off tone on global financial markets. Twitter, Facebook and Alphabet sent the Nasdaq Composite Index down by more than 1 percent during Senate Intelligence Committee hearing on social media and foreign ...

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