Bloomberg The European Union imposed five-year tariffs on biodiesel from Indonesia to counter alleged subsidies to producers in the country, a move that could prompt the Indonesian government to retaliate. The EU duties on Indonesian exporters of this type of biofuel, which is made from vegetable oils and animal fats for use in diesel engines, range from 8% to 18%, ...

Bloomberg India’s parliament is set to approve legislation preventing Muslim migrants from neighboring countries from receiving citizenship — the next step in Prime Minister Narendra Modi’s hardline Hindu nationalist program and one that’s seen to go against the nation’s secular constitution. The controversial citizenship bill has sparked protests and fear around India, with lawyers working overtime to help millions at ...

Bloomberg Five people have been confirmed dead following a volcanic eruption on New Zealand’s White Island, while dozens more were injured after a plume of white smoke and ash burst thousands of meters into the air. About 50 people, many of them tourists, were on or around White Island when it erupted, police said. The island is about 48 kilometers ...

Bloomberg Libyan commander Khalifa Haftar’s army plans to enter the capital Tripoli by the end of the year and will deal with United Nations-recognized Prime Minister Fayez al-Sarraj under the law, a senior ally said, despite international calls to stop the offensive. “We are in the final stage of the battle,” Abdulhadi Lahweej, self-styled foreign minister in the eastern government ...

Bloomberg North Korea took its most personal swipe at President Donald Trump in more than two years, saying the US leader’s recent comments made him sound like a “heedless and erratic old man.” The statement released by North Korean official Kim Yong Chol on Monday was the latest in an rhetorical tit-for-tat ahead of Pyongyang’s self-imposed year-end deadline for a ...

Bloomberg Despite finding himself in the eye of Donald Trump’s impeachment storm, Ukraine’s leader is set for an even tougher test of his fledgling presidency: his first face time with Vladimir Putin. Volodymyr Zelenskiy meets his Russian counterpart in Paris as he seeks progress towards resolving the war in eastern Ukraine that erupted after Russia annexed Crimea from its neighbor ...

Bloomberg House investigators give their closing summations on Monday in the Democrats’ case against President Donald Trump as they continue debating how far they want to go in drafting articles of impeachment later this week. Judiciary Chairman Jerrold Nadler said his panel is on track to decide on what charges will be brought against the president, setting up an historic ...

Bloomberg US equity futures edged down alongside European stocks as investors prepared for a week brimming with potential catalysts, from central bank meetings to the looming America-China tariff deadline. Treasuries and most government bonds advanced. Contracts on the main US equity gauges all struggled for traction as traders awaited news on whether Washington will go ahead with a planned December ...

Bloomberg Tullow Oil Plc shares had their biggest ever drop after a forecast for 2020 production that analysts said leaves dark clouds hanging over the company’s outlook. The stock sank as much as 62% after London-based Tullow also said it would suspend dividend payments, while its chief executive officer and exploration director are to leave. It’s the second plunge in ...

Bloomberg PG&E Corp surged to a two-month high after reaching a $13.5 billion settlement with the victims of wildfires ignited by its power lines — a major step towards resolving the biggest utility bankruptcy in US history. The agreement, will cover claims stemming from some of the worst blazes to ever hit Northern California, including the 2017 wine country and ...