AP The Obama Foundation formally announced on Friday that Chicago’s Jackson Park will be home to Barack Obama’s presidential library. “Michelle and I are thrilled that the Obama Presidential Center will be developed in the heart of Chicago’s South Side, a community we call home and that means the world to us,” the president said in a statement. “With …

  Bloomberg Indian Transport Minister Nitin Gadkari’s plan to expand the highway network in the world’s fastest-growing major economy could help revive struggling construction stocks. The nation will aim to add 41 kilometers (25 miles) of roads daily from March next year, up from 20 kilometers a day currently, Gadkari said in an interview. A project logjam had slowed the …

  Reuters Britain’s vote to leave the European Union and the rise of US presidential nominee Donald Trump have paralysed efforts by Western governments to encourage already highly reluctant international banks to do business with Iran. Uncertainty is frustrating Tehran’s push for foreign investment to revive its struggling economy: over Britain’s political and economic future, over whether Trump – who …