Bloomberg Najib Mikati, a billionaire businessman and former premier, is poised to be named Lebanon’s third prime minister-designate in less than a year, as the country scrambles to escape a spiraling economic crisis. Lawmakers and President Michel Aoun are holding talks to name a new premier, but Mikati’s already won the backing of a group of former Sunni Muslim heavyweight ...

Bloomberg Ethiopia’s northern Amhara province urged its adults to enlist in military and fight rebels advancing from neighbouring Tigray region, potentially intensifying the nine-month conflict. Amharans of above 18 years should fight for the “existence of the region,” Chief Administrator Agegnehu Teshager said on a regional broadcaster weeks after Tigray fighters crossed into towns in Amhara and Afar states. The ...

Bloomberg Britain’s biggest financial institutions are on track to meet the Bank of England’s deadline to be ready for negative interest rates, giving authorities another tool to aid the economy if the recovery fades. Banks including Natwest Group Plc, HSBC Holdings Plc, Barclays Plc and Lloyds Banking Group Plc are close to completing the technical steps necessary to implement negative ...