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Macron, Merkel at odds over EU jobs; decision due in June

Bloomberg For an eagerly-anticipated decision on who will lead the European Union’s institutions, investors will need to tune in at the end of June for clarity. EU leaders gathered after the continent-wide ballot and differences were immediately apparent between key players German Chancellor Angela Merkel and French President Emmanuel Macron. Together they have a lot riding on who will run ...

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Bolton warns Iran’s proxies they risk strong US response

Bloomberg US National Security Adviser John Bolton warned Iran’s proxies not to attack US interests, saying any assault on their patron’s behalf would “risk a very strong response.” Bolton, in a briefing with reporters in Abu Dhabi on Wednesday, said the US is “very concerned” that the Iranian Revolutionary Guard Corps would use allied Shiite militia groups in Iraq to ...

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Indian PM may wait for land, labour reforms

Bloomberg PM Narendra Modi has once again taken control of India’s lower house of parliament. But it’s the upper house, which has thwarted him in the past, that might now define his reform agenda — and his position there is set to improve. That could place long-awaited but politically controversial land and labour reforms back on the political agenda, a ...

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