Bloomberg Canada’s new Minister of International Trade Jim Carr has invited a dozen trade ministers to meet in October to discuss how to fix the World Trade Organization (WTO). But two countries have been left off the list: the US and China. The goal is to “identify concrete and tangible ways the operation and function of the WTO can be ...

Bloomberg Mark Zuckerberg is counting the cost of user disenchantment with Facebook Inc. His fortune tumbled by $16.8 billion in late trading, as shares of the social media giant slid 20 percent in New York on disappointing results. If that holds through, he will slide to sixth place from third on the Bloomberg Billionaires Index. It would also wipe his ...

Bloomberg Are Britons living beyond their means? That’s the question being asked by the Office for National Statistics after households saw their outgoings exceed their incomes last year for the first time in three decades. Each household spent or invested about 900 pounds ($1,187) more than they received on average — 25 billion pounds in total, according to an ONS ...