Bloomberg General Electric Co. is in talks to sell its commercial lighting division to American Industrial Partners, according to people familiar with the matter, as the manufacturer continues on its divestiture blitz. GE and AIP could announce a deal for the unit, which is known as Current, Powered by GE, as early as this week, said the people, who asked ...

Bloomberg The “deal dividend” promised to Britain by Chancellor of the Exchequer Philip Hammond might be tantalisingly close amid signs an amicable divorce from the European Union could be within sight. Hammond said that a Brexit agreement would allow him to end austerity. Bank of England Governor Mark Carney said the economy would finally see a way through the fog ...

Bloomberg The Kremlin sought to limit damage from another apparent snub after plans fell through for a meeting in Paris between Russian President Vladimir Putin and US leader Donald Trump. Russian officials have pinned their hopes on personal contacts between the two leaders to help achieve a long-sought warming in relations with the US that plunged to their worst since ...