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Pompeo seeks to shore up UN support for N Korean sanctions

Bloomberg US Secretary of State Michael Pompeo sought to shore up support among UN Security Council members for a North Korean sanctions regime that’s showing signs of weakening, as hopes for a quick denuclearisation agreement with Pyongyang fade. Standing alongside US Ambassador Nikki Haley in New York, Pompeo said the US expects countries to honour their commitments to cut off ...

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Global economic growth faces growing threats

Bloomberg Global economic growth is less synchronized and faces increasing threats, including from trade tensions, according to a draft statement from the Group of 20 leading economies obtained by Bloomberg News. “Downside risks over the short and medium term have increased,” said the document. A final version of the statement will be published on Sunday. Among the other risks to ...

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Amrock says $706 million verdict brought out the whistle blowers

Bloomberg One of the biggest trade secrets cases in US history took a bizarre turn, with the company that lost a $706 million jury verdict saying it uncovered ‘bombshell’ evidence of fraud thanks to whistle blowers who used to work for the winning side. Amrock Inc., an affiliate of mortgage-lending firm Quicken Loans Inc., in March lost a trial in ...

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