Bloomberg General Electric Co. will be required to buy Alstom SA’s stakes in three energy joint ventures for 2.59 billion euros ($3.1 billion), closing a lengthy chapter in the massive 2015 tie-up that has become a headache for the beleaguered US manufacturer. Alstom said that it will exercise its options to exit the renewable energy, grid and nuclear businesses that ...

Bloomberg One of President Donald Trump’s most contentious foreign policy projects, the inauguration of a US embassy in Jerusalem, is set to be carried out on Monday even as peace in the Middle East seems more elusive than ever. While Trump, who vowed to move the embassy from Tel Aviv during his campaign, isn’t attending, he’ll address invitees to the ...

Bloomberg North Korea has set the date to begin shutting down a major nuclear test site as it continues to pursue improved relations with the world, earning thanks on Twitter from US President Donald Trump for “a very smart and gracious gesture!” A ceremony will be held between May 23 and May 25 for the dismantling of North Korea’s northern ...