Bloomberg UK Prime Minister Theresa May said US President Donald Trump advised her to be litigious in dealing with the European Union on Brexit. “He told me I should sue the EU,” May told BBC. “Sue the EU, not go into negotiations, sue them.” In an interview given before arriving in the UK, Trump criticised May for the way she ...

Bloomberg Italy has called on other European Union nations to take some of the 450 migrants aboard two ships in the Mediterranean after the country’s interior ministry refused to allow them to come ashore. “I expect facts and not words, concrete action,” said Matteo Salvini, who leads the anti-immigration League party and is both interior minister and a deputy prime ...

Bloomberg The Nasdaq 100 is at a record, stocks have just strung together two straight weeks of gains and one of the best earnings seasons in a decade is at hand. Bears vanquished? Not entirely. While benchmark measures of volatility are as calm as they’ve been in five months, among individual stocks anxiety is running high. It’s showing up in ...

Bloomberg The Japanese stock market got an extra lift around 10:30 am on July 12 in Tokyo. China had started trading, and it had opened higher. But that was a rare lucky day for investors who got used to losses this year, with the Topix index becoming one of the worst performers among developed-market gauges. As the US-China trade conflict ...

Bloomberg Fortis Healthcare Ltd.’s board of directors chose IHH Healthcare Bhd. to take control of India’s second-largest hospital chain, ending a months-long takeover battle as the company wrestles with investigations over financial irregularities. Malaysia-based IHH’s offer would see $583 million invested directly in the company through a preferential allotment of shares at 170 rupees a share, according to a statement ...

Bloomberg China has been gobbling up the world’s soybeans at breakneck speed over the past decade. But as the trade spat with the US escalates, its imports of the oilseed are set to decline for the first time in 15 years. China will bring in 95 million metric tonnes of soybeans in the 2018-2019 season, the US Department of Agriculture ...

Bloomberg Bexcellent Group Holdings Ltd., whose top tutor earns more than HK$40 million ($5.1 million) a year, surged as much as 34 percent on the first day of trading in Hong Kong. The provider of tutoring services to Hong Kong secondary school students was so popular that individual investors placed orders for about 289 times the stock initially available to ...

Bloomberg China’s monthly trade surplus with the US rose to a record in June and exports to the nation also soared, underlining the cause of an escalating trade war between the world’s two largest economies. The trade surplus with the US was $28.97 billion, the highest in any month in data back to 1999. Exports climbed to $42.62 billion, also ...

Bloomberg MCH Group AG, the owner of Art Basel, is launching a new art fair in Singapore starting next year to take advantage of the growing wealth in Asia, which is minting millionaires faster than any other region in the world. The new expo, called ART SG, will hold its inaugural event in November 2019 with about 80 galleries from ...

Bloomberg Secretary of State Michael Pompeo and Treasury Secretary Steven Mnuchin rejected a request from European leaders for broad-based waivers from sanctions the US will reimpose on countries that do business with Iran after the President Donald Trump backed out of the 2015 nuclear accord. In a letter whose contents were described to Bloomberg News, Pompeo and Mnuchin told the ...