Bloomberg Russia stepped up pressure on the US to return seized diplomatic compounds in one of the first tests of whether Donald Trump and Vladimir Putin can convert the personal rapport of their initial meeting into improved relations. After talks in Washington between US Undersecretary of State Thomas Shannon and Russian Deputy Foreign Minister Sergei Ryabkov, the Foreign Ministry in …

Bloomberg Australia will create a Home Affairs ministry to boost anti-terrorism links between government agencies, in the nation’s biggest security shakeup in more than 40 years, Prime Minister Malcolm Turnbull said. To be led by current Minister for Immigration and Border Protection Peter Dutton, the portfolio will be based on the UK’s Home Office and have oversight of federal police, …

Bloomberg A cut by Rio Tinto Group to its full-year iron ore shipping guidance is set to bolster prices that have rebounded into a bull market on stronger-than-expected demand in China. Iron ore futures in Singapore surged as the world’s No. 2 exporter flagged on Tuesday that cargoes from Australia are expected at about 330mn metric tons in 2017. That’s …