Bloomberg Prime Minister Boris Johnson and his French counterpart Emmanuel Macron are heading for a full frontal collision in the next 48 hours that threatens to disrupt the United Nations’ climate summit. Macron’s government is on Tuesday set to introduce additional controls on goods moving across its border with the UK and block British fishing boats from unloading their catches ...

Bloomberg Brazil’s controversial president and climate skeptic, Jair Bolsonaro, cut a lonely figure at the Group of 20 summit. That is until Angela Merkel sidled up to him at dinner in Rome. The two had an unusually frank chat that morphed into a friendly and meaningful conversation between two leaders with different world views, according to two G-20 officials who ...

Bloomberg Japanese Prime Minister Fumio Kishida’s ruling party may be on track for its worst election result in 12 years, but is expected to stay in power with help from its junior coalition partner, according to exit polling by broadcaster NHK from Sunday’s election. The LDP alone is set to win 212-253 seats in the 465-seat body after the vote, ...

Bloomberg Georgia’s ruling party all but swept the board in second-round local elections that have been marred by violence and claims by the opposition that the vote was unfair. Only in one municipality did the ruling Georgian Dream party fail to beat the United National Movement, the Central Election Commission said on Sunday. In the battle for mayor of the ...

Bloomberg China is pushing almost a trillion yuan ($156 billion) of funds into the banking system in just two weeks, reinforcing a signal that it will use short-term liquidity to sustain growth rather than ease monetary policy. In a pattern seen also in September, the People’s Bank of China (PBOC) has been injecting huge amounts of cash through open-market operations ...

Bloomberg Deutsche Bank AG Chief Financial Officer James von Moltke said the investment bank is pressing ahead with hiring in areas including mergers and acquisitions and rates in the US to grow its business. The firm has also been selectively hiring for government bond trading in Europe as well as in technology and healthcare dealmaking, Von Moltke said on a ...

Bloomberg India reappointed central bank Governor Shaktikanta Das for another three-year term, keeping the career bureaucrat at the helm to help guide the economy’s recovery from the ravages of Covid-19. The decision, announced in a statement from the cabinet and effective when his current term ends December 10, ensures continuity in monetary policy settings and signals to investors that any ...

Bloomberg Banco Santander SA is seeing the strongest demand for UK mortgages in “many, many years,” helping to underpin growth at the Spanish lending behemoth as it positions for higher interest rates globally, Chief Financial Officer Jose Garcia Cantera said. Lending for mortgages to British individuals climbed 4.4% from a year earlier to 174 billion pounds ($240 billion), Santander said ...

Bloomberg BNP Paribas SA will start a 900 million-euro ($1 billion) stock buyback after posting a 79% jump in equities trading and adding twice as much revenue as expected at its domestic markets unit. Strength in the two businesses helped offset a slump in fixed income trading that was twice as steep as the average decline at the biggest Wall ...

Bloomberg A former Wells Fargo & Co. investment adviser stole nearly $3 million from clients and used the money for personal expenses and to buy gold coins, federal prosecutors said. Kenneth A. Welsh, 41, was arrested at his home in River Edge, New Jersey on charges that he misappropriated funds from the accounts of five investors between 2016 and 2021, ...