London / AFP Britain’s first post-Brexit budget will focus on infrastructure and could spell an end to the previous government’s rigid fiscal targets, according to a treasury statement released on Sunday. The budget will be new finance minister Philip Hammond’s first set-piece since replacing George Osborne who resigned following the June vote. Under previous prime minister David Cameron, Osborne …

  LIMA / AFP President Barack Obama planned separate talks with the leaders of Australia and Canada before wrapping up the final foreign trip of his presidency. Both countries helped negotiate a multinational trade agreement with the US and nine other Pacific Rim countries. But Congress is unlikely to ratify the deal, dealing a blow to Obama’s once high hopes …

  Bloomberg The UK’s main corporate lobby is urging the government to clarify what happens on the day after Brexit, seeking to ensure that business isn’t left dangling if the country is unable to strike new trade deals before it leaves the European Union. “Businesses are inevitably considering the cliff-edge scenario—a sudden and overnight transformation in trading conditions,” Paul Drechsler, …