Bloomberg CK Group’s A$13 billion ($9.4 billion) bid for gas pipeline operator APA Group was knocked back by Australia’s government on national security concerns, a decision that has the potential to further inflame diplomatic tensions with China. “I have advised the consortium led by CK Asset Holdings Ltd. of my preliminary view that its proposed acquisition of APA Group would ...

Bloomberg Donald Trump, who spent the past two years wielding the powers of the presidency unbound by party or political convention, is now constrained. The Democratic takeover of the House of Representatives cripples his conservative agenda and opens the way for unfettered investigations into his scandal-plagued administration, his presidential campaign and his family’s business empire. His personal tax returns may ...

Bloomberg Italy’s populist government called a vote of confidence in parliament, as proposals to curb immigration and corruption fueled tensions between the coalition’s allies. Deputy Premier Matteo Salvini of the anti-migration League is pushing for restrictions on the rights of asylum-seekers, while several senators of the anti-establishment Five Star Movement are against the measures. The vote of confidence in the ...