Bloomberg A Russian court sentenced the leader of a hacking gang to 14 years in prison, RIA Novosti reported, bringing an end to a trial in which the man claimed to have helped the country’s security service to hack Hillary Clinton’s presidential campaign. Konstanin Kozlovsky was convicted of organising a criminal ring and large-scale fraud after the Lurk gang stole ...

  Bloomberg Libyan Prime Minister Abdul Hamid Dbeibah dug in after parliament picked a rival premier, vowing to lay out later this week a plan for holding delayed presidential elections in the war-torn Opec member. “The election train has set off,” Dbeibah said in a televised address. Lawmakers last week selected Fathi Bashagha, a former interior minister, as premier, saying ...

Bloomberg The US refusal to recognise the Taliban government in Afghanistan, coupled with sanctions and frozen assets, could push the country into chaos and threaten Pakistan’s stability, Pakistan Prime Minister Imran Khan said. Khan said in an interview on CNN’s “Fareed Zakaria GPS” that the current humanitarian crisis in Afghanistan, caused in part by the abrupt cancellation of foreign aid ...

Bloomberg Spain’s ultraconservative Vox party is poised to enter a regional government for the first time, after record results in local elections on Sunday. Vox came third in the central Castilla y Leon region, more than tripling its share of the vote after winning 13 seats in the 81-strong assembly. The main opposition center-right People’s Party (PP) came first with ...

Bloomberg Prime Minister Justin Trudeau held a rare cabinet meeting and was expected to speak with provincial leaders over protests in Canada’s capital city that have entered their 18th day. The protests against Covid-19 vaccine mandates, which include hundreds of semi-trucks parked in the streets of Ottawa, swelled into the thousands over the weekend. But truckers were met with counter-protests ...

  Bloomberg The People’s Bank of China (PBOC) is leaving economists divided over whether it needs to cut interest rates for a second month to boost a faltering economy. Sixteen of the 27 economists polled by Bloomberg forecast the central bank will keep the interest rate on its one-year policy loans unchanged on Tuesday, when it’s scheduled to conduct a ...

  Bloomberg Axis Bank Ltd is nearing a deal to buy Citigroup Inc’s India retail banking business in a transaction that could be valued at about $2.5 billion, people familiar with the matter said. An agreement for the consumer unit may be announced as soon as the next few weeks and is contingent on approval from the Reserve Bank of ...

  Bloomberg Bank of America (BofA) Corp has led a $20 million funding round into UK startup Banked Ltd, a tie up that will give customers of e-commerce companies in the UK the option to make card-free purchases. The US lender is teaming up with the fintech to offer a ‘Pay by Bank’ solution that will enable users to pay ...

  Bloomberg DBS Group Holdings Ltd Chief Executive Officer Piyush Gupta said investors in Southeast Asia’s largest lender should be cautious about uncertainties stemming from Federal Reserve interest rate hikes and slowing Chinese growth. That tone followed the release of strong profit growth for the fourth quarter, wrapping up a year which he described as the bank’s best financial performance ...

  Bloomberg Sumitomo Mitsui Banking Corp is considering increasing its stake in Philippine lender Rizal Commercial Banking Corp as the Japanese firm seeks to expand its footprint across Southeast Asia, according to people familiar with the matter. Tokyo-based SMBC is working with financial advisers as it prepares to boost its roughly 5% stake in RCBC, the people said, asking not ...