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Brazil blocks Telegram messaging service in crackdown on fake news

  Bloomberg Brazil’s Supreme Court banned the popular messaging service Telegram, in a widening crackdown on what authorities describe as fake news and hate speech in the lead-up to presidential elections later this year. Justice Alexandre de Moraes ordered internet providers and digital stores to block the app after repeated attempts by the federal police to get in touch with ...

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China stocks slip as absence of policy measures adds to worries

  Bloomberg Chinese equities fall on Monday as traders remained concerned about whether there would be adequate policy support to spur growth after lenders left the borrowing costs unchanged. The CSI 300 Index closed down 0.2% after falling as much as 1%. Rate-sensitive financial firms and property developers weighed on the market. The Hang Seng China Enterprises Index, which tracks ...

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Blackstone plans fund for people with millions not billions

  Bloomberg Dentists, surgeons and other suburban millionaires don’t loom large on the client rosters of buyout funds run by the most elite investment companies. But inside Blackstone Inc, plans are afoot to develop its first private equity fund targeting such individuals as part of a project codenamed “BXPE.” The goal: build new war chests that would eventually gather tens ...

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