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Kremlin rejects calls for Navalny release

Bloomberg Russia vowed to ignore US and European calls to free jailed opposition leader Alexey Navalny after he urged Western governments to sanction key allies of President Vladimir Putin. Navalny, 44, identified eight people as potential targets for punitive measures, including billionaire Chelsea soccer club owner Roman Abramovich and tycoon Alisher Usmanov as well as top officials, in a list ...

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Sudan quells latest clashes in Darfur

Bloomberg Sudanese forces quelled latest inter-communal clashes in Darfur, a state governor said, as authorities grapple with violence that’s killed more than 100 people in broader region after peacekeepers began withdrawing. A joint military force managed to control fighting that erupted between Arab and non-Arab communities in South Darfur and left dozens dead and wounded, state-run news agency reported, citing ...

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Europe’s firms face $724bn capital gap to fund rebound

Bloomberg The European Union (EU) needs to find new ways to recapitalise businesses so that the hole on corporate balance sheets doesn’t derail the recovery, according to a financial-industry group. Companies face an equity shortfall of as much as $724 billion, as existing government programs and private funding won’t suffice to fully cover the roughly 1 trillion euros ($1.21 trillion) ...

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