Bloomberg President Jair Bolsonaro’s relentless attack on Brazil’s voting system soured his relationship with the Supreme Court, leaving the country on the brink of an institutional crisis. Top Justice Luiz Fux canceled plans for a meeting with Bolsonaro and the heads of congress that was intended to defuse rising tensions between them. The move came a day after the court ...

Bloomberg Two citizens of Myanmar were arrested in the US and charged with conspiring to injure or kill their nation’s ambassador to the United Nations, federal prosecutors in New York said in a statement. Phyo Hein Htut and Ye Hein Zaw are charged with plotting with a Thai arms dealer who sells weapons to Myanmar’s military government, which took over ...

Bloomberg Just a few weeks ago, Reginald Boulos, a prominent Haitian businessman, was planning his first presidential run in one of the hemisphere’s most chaotic and troubled nations. Those plans ended July 7 with the brazen murder of President Jovenel Moise and subsequent allegations that Boulos, 65, might have helped finance the country’s first presidential assassination in a century. Speaking ...

Bloomberg ING Groep NV beat expectations for second-quarter profit after releasing money set aside for doubtful loans, and said it will boost payouts for investors. The Dutch lender’s net income soared to 1.46 billion euros ($1.73 billion) in the three months through June from 299 million euros a year earlier. That compared to the 1.15-billion-euro average estimate of analysts surveyed ...

Bloomberg Credit Agricole SA’s profit came in above expectations as it joined European peers in posting lower provisions to reflect the improving economy. The Paris-based lender said net income jumped to 1.97 billion euros ($2.3 billion) in the second quarter, more than double the same period last year and above the 1.2 billion euros anticipated by analysts polled by Bloomberg. ...

Bloomberg KakaoBank Corp, South Korea’s first internet-only lender to go public, surged more than 70% in its trading debut in Seoul to become the country’s largest retail lender by market value. The stock’s jump of as much as 74% gave the company, which doesn’t have brick-and-mortar branches, a market capitalisation of more than 32 trillion won ($28 billion), bigger than ...

Bloomberg Singapore banks will reward investors with higher payouts from better-than-expected earnings, just a week after the central bank lifted restrictions on dividends, marking a nascent recovery from one of their most turbulent years. All of the city state’s top banks — DBS Group Holdings, United Overseas Bank and Oversea-Chinese Banking — said they would increase dividends by an average ...

Bloomberg The Bank of England signalled that its concerns over inflation are strong enough to warrant the withdrawal of some support to the UK economy over the next three years. Policy makers led by Governor Andrew Bailey said they now expect annual price growth to peak higher than expected around 4%. While most of the increase may prove temporary, meeting ...

Bloomberg Apple Inc defended concerns about its upcoming child safety features, saying it doesn’t believe its tool for locating child pornographic images on a user’s device creates a backdoor that reduces privacy. The Cupertino, California-based technology giant made the comments in a briefing, a day after revealing new features for iCloud, Messages and Siri to combat the spread of objectionable ...

Bloomberg Chinese electric vehicle maker Li Auto Inc has raised HK$11.8 billion ($1.5 billion) in its Hong Kong listing, adding to the cohort of US-traded mainland companies selling shares in the Asian financial hub. Li Auto priced 100 million shares at HK$118 each, it said in a statement to the city’s stock exchange. The price represents a discount of about ...