Bloomberg A train derailment in Scotland killed three people, including the driver, and left another six injured, according to the British Transport Police. The train was travelling between Aberdeen and Glasgow when it left the tracks near Stonehaven, on Scotland’s east coast. While the cause of the accident is still to be officially determined, Scotland experienced heavy rain, leading to ...

Bloomberg The fortunes of India’s shadow lenders are showing signs of turning, suggesting stimulus measures from policy makers will help the troubled sector weather some of the fallout from the pandemic. Premiums that investors seek to buy AAA rated five-year bonds of non-bank lenders over similar-maturity government notes narrowed the most last month since at least 2012, helping a gauge ...

Bloomberg Singapore’s financial-services sector, which accounts for 4.5% of total employment, may see more job losses during the second half of the year as the country goes through its worst recession ever, the central bank warned on Wednesday. Banks, insurers and other financial institutions held up well during the first six months when the sector created about 1,500 jobs and ...