Bloomberg Germany said European allies will weigh action against Russia — including possible sanctions — after an international chemical-weapons watchdog confirmed that a nerve agent from the banned Novichok group had been used in the poisoning of Kremlin critic Alexey Navalny. “Any use of chemical weapons is a grave act and cannot go without consequences,” German government spokesman Steffen Seibert ...

Bloomberg Singapore banks will extend debt relief for individuals and small-to-midsized businesses beyond the end of the year to support borrowers hardest hit by the coronavirus pandemic. The measures, set to expire on December 31, will now progressively end over 2021, the Monetary Authority of Singapore (MAS) said in a statement. The extended program will be tiered so those businesses ...

Bloomberg India’s third-largest private lender is joining its larger rivals in offering pay hikes to staff even as the economic fall out of the coronavirus pandemic threatens profit growth. Axis Bank Ltd. will increase staff salaries between 4% and 12% based on performance, according to people with knowledge of the plans. The Mumbai-based lender, which has about 76,000 employees, also ...