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Merkel’s successor splits coalition with Syria plan

Bloomberg Chancellor Angela Merkel’s designated successor is causing trouble in Berlin with her efforts to assert authority. Annegret Kramp-Karrenbauer has been undermined by a series of errors since she was chosen to follow Merkel as leader of the Christian Democratic Union last year. Just two months after also taking the job as defense minister, she sprang a proposal for an ...

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Indian tech firm flirts with crisis after whistle-blowers attack CEO

Bloomberg The dust had barely settled at Infosys Ltd when Asia’s No. 2 software services firm once more found itself grappling with a potential leadership crisis. For the second time in about as many years, the Indian icon synonymous with the country’s technological ascendancy is being forced to answer accusations of impropriety. In the most recent of a stream of ...

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JSW beats estimate on one-time tax gain

Bloomberg JSW Steel Ltd’s quarterly profit rose 20% from a year earlier as India’s most valuable steelmaker benefited from a one-off tax gain and boosted exports to offset a slowdown in domestic demand. Group net income at the Sajjan Jindal owned mill climbed to 25.6 billion rupees ($361 million) in the July to September quarter, it said on Wednesday in ...

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