Bloomberg The pound climbed to the strongest level in almost a month on optimism that a crisis engulfing UK Prime Minister Theresa May’s government won’t spiral into a leadership challenge. Sterling gained against both the dollar and the euro in London trading as traders judged the resignation of Brexit Secretary David Davis would make a soft exit from the EU ...

Bloomberg Daimler halted deliveries of a type of diesel engine for trucks as a precautionary measure, after the company said it found issues that could lead to emissions “slightly” exceeding nitrogen oxide limits under certain conditions. The Stuttgart-based company reported its findings to Germany’s Federal Motor Transport Authority (KBA) at the end of June, and is in a “constructive dialog” ...

Everywhere one looks these days, it seems global norms are und-er assault. From South China Sea to Eastern Europe, longstanding international rules of the road — concepts such as non-aggression, freedom of navigation and self-determination — are being flagrantly flouted or subtly ero- ded. Ideas, like democracy and respect for human rights, that seemed to have become incontestably dominant are ...