Bloomberg Telenor agreed to sell its businesses in central and eastern Europe to Czech billionaire Petr Kellner’s investment firm PPF Group for $3.4 billion as the Norwegian phone company focuses on markets in Asia and Scandinavia. Telenor will share some of the proceeds with its shareholders, the Fornebu, Norway-based company said. The sale includes Telenor’s mobile operations in Hungary, Bulgaria, ...

Bloomberg Move over Russia, Ukraine and Saudi Arabia. The US looks set to join the group of countries embroiled in disputes at the World Trade Organization involving curbs imposed on national-security grounds. China said it would complain to the WTO about US President Donald Trump’s import tariffs on steel and aluminum after failing to win an exclusion, which Washington gave ...

Bloomberg President Donald Trump is poised to take his most aggressive actions yet against Russia on Monday, when he’s likely to announce the expulsion of dozens of diplomats in response to the nerve-gas attack on a former Russian spy living in the UK. The move, all but certain to provoke retaliation by President Vladimir Putin’s government, comes as Trump has ...