Bloomberg Burundi and the European Union have accelerated talks on lifting sanctions imposed by the bloc, according to Foreign Affairs Minister Albert Shingiro. The EU placed penalties on some politicians and state officials and froze government financing in 2015 during a political crisis that followed former President Pierre Nkurunziza’s decision to seek a third term, a move seen by the ...

Bloomberg Hong Kong will hold its Legislative Council election on December 19 after delaying the vote by more than a year because of the pandemic, a move that allows the government to push through changes that give China a veto over any pro-democracy politician. Hong Kong leader Carrie Lam announced the changes on Tuesday, after she said her advisory Executive ...

Bloomberg Bank of Montreal (BMO) agreed to sell its Europe, Middle East and Africa asset-management unit to Ameriprise Financial Inc. for $847 million, marking Chief Executive Officer Darryl White’s biggest move yet to trim the bank’s portfolio of non-core businesses. The sale includes the opportunity for some US clients to move to Ameriprise’s Columbia Threadneedle Investments unit, subject to their ...