Bloomberg Tata Steel Ltd. and the trustee of the British Steel Pension Scheme have agreed to terms to separate the plan from the Indian steelmaker’s UK unit, eliminating the last hurdle for it to proceed with a strategy to place European operations into a joint venture. The Mumbai-based company has signed the regulated apportionment arrangement with the pension trustee and ...

Bloomberg China’s President Xi Jinping moved to calm growing tensions over North Korea, telling US leader Donald Trump in a phone call that all sides should maintain restraint and avoid inflammatory comments. Xi’s comments, reported by China’s CCTV, came shortly after Trump added to his recent aggressive tweets by saying that US military options were “locked and loaded” if North ...

BEIRUT / Reuters Hezbollah and its allies are pressing the Lebanese state to normalise relations with President Bashar al-Assad’s government in Syria, testing Lebanon’s policy of “dissociation” from the Syrian conflict and igniting a political row. Calls for closer ties with the Syrian government, including on refugee returns and military operations on the Lebanon-Syria border, come as Assad regains control ...