Bloomberg The UK, US and Australia said they are working on developing hypersonic weapons — military technology already deployed by Russia in Ukraine — as part of their new trilateral security pact called AUKUS. Their plan is to “accelerate development of advanced hypersonic and counter-hypersonic capabilities,” according to a joint statement. The alliance wants to counter the threat of ...

  Bloomberg Prime Minister Imran Khan’s party is on the verge of losing control of Pakistan’s biggest province days after it lost its majority in the federal parliament, raising the stakes before the Supreme Court’s ruling on his disputed call for national elections. After losing his majority in the lower house National Assembly, the former cricket star’s Tehreek-e-Insaf party is ...

  Bloomberg Barclays Plc is developing a global private credit strategy, according to several people familiar with the situation, seeking to take part in the fast-growing $1.2 trillion asset class. The plans are at an early stage, and the details on exactly how Barclays will enter private credit are still under discussion, so the bank hasn’t reached out to external ...