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Khan bets Pakistan drama to help him return to power

Bloomberg To avoid losing a no-confidence vote in parliament, Pakistan leader Imran Khan instead triggered an unprecedented political crisis. Now the question is whether voters will reward him at the next election. In a series of events that stunned Pakistan, a member of Khan’s party scrapped the parliamentary vote over alleged foreign interference before the prime minister swiftly called an ...

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US hiring stays robust in March as jobless rate falls, wages pick up

  Bloomberg The US added close to half a million jobs in March and the unemployment rate fell by more than expected, highlighting a robust labour market that’s likely to support aggressive Federal Reserve tightening in the coming months. Nonfarm payrolls increased 431,000 last month after an upwardly revised 750,000 gain in February, a Labour Department report showed. The unemployment ...

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European regulators raise questions about Microsoft cloud practices

Bloomberg European regulators are asking Microsoft Corp. partners and rivals for information related to a complaint made against the software maker alleging anti-competitive behavior in the cloud-computing services market. The European Commission in March circulated a questionnaire, seen by Bloomberg News, focusing on how Microsoft licenses its products. The questions may lead to a formal inquiry, and follows an antitrust ...

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