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The $40bn wealth gap that divides India’s richest brothers

Bloomberg Over the past year, the fortunes of the two brothers at the helm of India’s wealthiest dynasty have grown apart — to about $40 billion apart. Elder sibling Mukesh Ambani, 61, toppled China’s Jack Ma as Asia’s richest man, after driving a telecommunications revolution in India that propelled his petrochemicals conglomerate Reliance Industries Ltd. into the $100 billion club. ...

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US charges Russian with midterm vote meddling

Bloomberg The US charged a Russian woman with conspiring to interfere in both the 2016 and 2018 elections, marking the first criminal charges related to next month’s congressional midterm vote. Elena Alekseevna Khusy-aynova of St. Petersburg, allegedly served as the chief accountant for an operation known as “Project Lakhta,” the Justice Department said in a statement. The department identified the ...

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US, China agree to Asia defense rules to avoid air crashes

Bloomberg Defense chiefs from the US and China agreed in principle to guidelines on encounters between warplanes, in the latest bid by Pacific nations to keep increased military activity from escalating into conflict. US Secretary of Defense James Mattis and seven other regional military chiefs, including China’s General Wei Fenghe, gave broad endorsement to the rules in Singapore on Saturday, ...

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