Bloomberg A senior United Nations official called the arms embargo on Libya a “joke” as governments struggled to hold together efforts to end a civil war in the North African country. Germany hosted a meeting of top officials in Munich, who expressed concern about “the deplorable recent violations” of the Libyan weapons embargo, while reaffirming the conclusions of a summit ...

President Xi Jinping has an unwritten deal with the Chinese people: Give me total political control, and I will solve China’s problems and make it a global superpower. This implicit “social contract” had seemed to be working pretty well, until the coronavirus breakout. The epidemic that began in Wuhan in December has spread deep into China’s social fabric. It has ...

It isn’t just Unilever NV that’s struggling to sell more food. Rival Nestle SA now expects to come up short of its self-imposed sales-growth target this year, and it’s counting on acquisitions to put it back on track. While Chief Executive Officer Mark Schneider met the lower end of a goal for underlying operating margin 12 months early, it will ...