Bloomberg Angela Merkel’s conservative bloc is headed for an open confrontation with the battle between two potential successors to be voted on by her caucus in the Bundestag on Tuesday. After a late-night meeting in Berlin between Armin Laschet, the leader of Merkel’s Christian Democratic Union, and Markus Soeder, his upstart challenger from the smaller Bavarian sister party, failed to ...

Bloomberg At least one person was killed and tens of thousands fled their homes as Super Typhoon Surigae made a close approach to the Philippines’ eastern provinces. A 79-year-old male was declared dead on arrival at a hospital after suffering severe head injury caused by a fallen coconut tree in Leyte province in central Philippines, the disaster risk-reduction agency said ...

Bloomberg Deutsche Bank AG is replacing its global pricing engine for emerging-market currencies in London with one in Singapore, drawn by surging trading in Asia and the increasing importance of the Chinese yuan. Locating new and more powerful computer hardware in the city-state will help the bank shave vital fractions of seconds from the time it takes to execute orders ...