Bloomberg More than a year after Christie’s decided to end its annual sales of fine art in India, rival Sotheby’s is entering the market as it seeks to tap the increasing affluence in the world’s fastest-growing major economy. Sotheby’s first Indian auction will be held in Mumbai in December with one of modern master Tyeb Mehta’s most important works “Durga ...

Bloomberg With the federal budget deficit expanding and congressional elections seven months away, the Trump administration plans to ask Congress for cuts in domestic programs that were part of a bipartisan $1.3 trillion spending bill that President Donald Trump signed last month. The White House doesn’t want to touch extra funding for the military, border security and combating the opioids ...

Bloomberg Czech consumer prices grew much less in March than the central bank expected, deepening a dilemma for rate setters who’ve pledged to continue tightening policy but differ on how quickly interest rates need to rise. The annual inflation rate declined for a fifth month, to 1.7 percent, moving further below the central bank’s target and missing its 2.3 percent ...