If you lived in one of India’s largest cities, a startling sight would’ve greeted you when you picked up your morning newspaper last Monday: Whole front pages had been replaced by an artists’ impression of a skyscraper. There was to be a Trump tower in your town, the ads declared—something you might have already gleaned from the photograph of Donald ...

Bloomberg European authorities moved to liquidate Latvia’s ABLV Bank AS after clients pulled assets from the lender following US accusations that it laundered money. The European Central Bank, which had already placed a freeze on payments by the lender, said that ABLV was failing or likely to fail, handing it over to Europe’s Single Resolution Board. That authority said a ...

Bloomberg Citigroup Inc., one of the world’s largest credit-card issuers, said it will refund $335 million to US customers whose annual percentage rate should have been lower. The lender determined that a method it was using to calculate APRs didn’t properly reflect the full benefit customers should have received for good behaviour, such as paying on time, the New York-based ...