BLOOMBERG Chinese President Xi Jinping told Volodymyr Zelenskiy that the only way to achieve peace for Ukraine is through negotiations with Russia. In their first conversation since the Russian invasion last year, Xi also told the Ukrainian leader that China will send an envoy to visit Kyiv. Ukrainian officials said the nearly one-hour conversation was an “important dialogue.” The talks …

BLOOMBERG President Joe Biden launched the first television ad of his newly launched reelection campaign on Wednesday, backed by a first-week expenditure of more than $250,000 — mostly in six battleground states. The 90-second ad — extraordinarily long in modern television advertising — comes 24 hours after making his candidacy official with an online video. The paid ad echoes many …

BLOOMBERG The US will strengthen the deterrence it provides South Korea against nuclear threats, securing a pledge from Seoul to honour commitments to not pursue its own atomic arsenal. US President Joe Biden and South Korean President Yoon Suk-yeol will announce the agreement when they meet at the White House, according to senior American administration officials who spoke on condition …