Bloomberg China is betting that US President Donald Trump won’t make good on his threats of a military strike against North Korea, with Beijing continuing to provide a lifeline to Kim Jong Un’s regime. Secretary of State Rex Tillerson singled out China and Russia as “economic enablers” of North Korea after Kim on Friday test-fired an intercontinental ballistic missile for ...

Bloomberg Australian counter-terrorism agencies have foiled a plot to “bring down” a plane in a terrorist attack, Prime Minister Malcolm Turnbull says. Four men were arrested on Saturday night by counter-terrorism officers in raids on four Sydney properties over an alleged plot to blow up an aircraft. “My number one priority, and that of my government, is the safety and ...

Bloomberg A female suicide bomber killed 14 people, including herself, after detonating explosives in a building housing people displaced by Boko Haram violence in northeast Nigeria, according to a state rescue agency. The bomber also injured 24 others in Friday night’s attack in the town of Dikwa, Bello Dambatta, who heads the rapid response team of the Borno State Emergency ...

Bloomberg The US will have to cut staff numbers by more than 700 at its diplomatic missions in Russia as a result of an order to slash the size of American representation in retaliation for new sanctions, according to two officials in Moscow. Russia on Friday ordered the US to reduce diplomatic and technical personnel at its embassy and consulates ...

Reuters The four Arab countries which have cut ties with Qatar said on Sunday they were ready for talks to tackle the dispute if Doha showed willingness to deal with their demands. The foreign ministers of Bahrain, Saudi Arabia, Egypt and the UAE met in the Bahraini capital Manama to discuss the crisis that has raised tensions across the region. ...

Bloomberg European leaders are declaring the continent’s financial crisis to be over, but now a political one is fermenting. A battle between European Union regulators and the Polish government over its plans to weaken the judiciary’s independence is splitting eastern and western Europe in a way that the euro region erupted along a north-south fault line. As Greece returned to ...

Bloomberg The Kenyan government denied a claim by the main opposition group that it’s planning to use force to rig next month’s election and keep President Uhuru Kenyatta in office. The National Super Alliance said on Friday it had “concrete evidence” of an “audacious plan” to subvert the August 8 vote. The ruling Jubilee Party has “clearly recognized” it will ...

Bloomberg Big Oil is starting to beat the crude-market slump as the industry rediscovers how to make money at lower prices. Exxon Mobil Corp. and Royal Dutch Shell Plc are forecast to more than double second-quarter profit from a year earlier, far outstripping the 8 percent gain in benchmark Brent crude, according to analyst estimates compiled by Bloomberg. Chevron Corp. ...

Bloomberg TransCanada Corp. said it still expects commercial support for its controversial Keystone XL oil pipeline, tamping down speculation that it was having trouble finding customers for the long-delayed line. Keystone XL, which was rejected by the Obama administration before being revived by President Donald Trump this year, would boost TransCanada’s dividend growth, the company said in a statement. Media ...

Bloomberg Energy Capital Partners, the private equity firm that owns the largest stake in US power generator Dynegy Inc., is now in advanced talks to buy its rival Calpine Corp., according to people familiar with the matter. Energy Capital may announce a deal to buy the Houston-based company as soon as next week, said the people, who asked not to ...