Bloomberg US special forces are assisting Philippine troops in their operations against militants in the southern city of Marawi, the US embassy in Manila said in an emailed statement. The assistance helps military commanders in their fight against the militants and was offered at the request of the Philippine government, according to the statement, which didn’t give details of the …

Bloomberg German Chancellor Angela Merkel said she’s ready to defend the interests of European Union members in Brexit negotiations and doesn’t see any reason for the process to be delayed by the results of the UK’s election. “We will try to defend the interests of our 27 members states, and Great Britain will defend its own interests,” Merkel said in …

Bloomberg Sweden unveiled a softer plan for filling the country’s bank resolution reserve following threats from Nordea Bank AB that it may shift its headquarters from Stockholm to a more accommodating regulatory environment. Sweden will keep a cap on the size of the resolution reserve, instead of allowing it to grow indefinitely, the Finance Ministry said. The government stuck to …