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Samsung Electronics credit risk falls

  Bloomberg Samsung Electronics Co.’s credit risk falls after Moody’s Investors Service lifted its rating to the same level as the South Korean government, citing the company’s profitability and strong finances. The senior unsecured debt rating of Korea’s biggest company was raised to Aa2, the third highest level, from Aa3, Moody’s said. The cost to insure the technology giant’s debt ...

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Liz Truss wins contest to become Britain’s next PM

Bloomberg Liz Truss won the bitter race to succeed Boris Johnson as UK prime minister, and will take power with the country facing brutal economic headwinds that threaten to plunge millions of Britons into poverty this winter. The foreign secretary, 47, emerged victorious on Monday after a two-month Conservative Party leadership contest that started with 11 candidates and concluded with ...

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Suicide bomber near Russian embassy in Kabul kills two staff

  Bloomberg An explosion outside the Russian embassy in Kabul killed a senior diplomat and a security guard, Russia said. A Taliban spokesman confirmed the blast. “An unknown gunman detonated an explosive device in the immediate vicinity of the entrance to the consular section of the Russian Embassy in Kabul,” the Russian Foreign Ministry said in a statement Monday. “Two ...

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