Bloomberg Harley-Davidson Inc cut its full-year operating margin outlook and 2019 bike shipment forecast after weak global motorcycle sales and the impact of tariffs dented second quarter earnings. The Milwaukee-based manufacturer slashed its shipment forecast this year to 212,000 to 217,000, from a previous range of 217,000 to 222,000. Lower shipments also prompted it to reduce its expected 2019 operating ...

Bloomberg President Donald Trump offered to help resolve India and Pakistan’s long-running conflict over the territory of Kashmir — citing an invitation from Narendra Modi that the Indian prime minister’s government later denied. “If you would want me to mediate or arbitrate, I would be willing to do that,” Trump told Pakistan’s prime minister, Imran Khan, at a White House ...

Bloomberg President Donald Trump said he could end America’s longest-running war “in a week,” except that it would cost too many lives. Trump complained that the nearly 18-year US campaign in Afghanistan is “ridiculous” in a White House meeting with Pakistan’s prime minister, Imran Khan. He said he could “win” the conflict, in which the US is trying to help ...

Bloomberg Boris Johnson, the public face of the Brexit campaign, won the contest to succeed Theresa May as British prime minister, taking over a country in crisis and a government on the brink of breaking apart. After a six-week leadership race, which he led from the start, Johnson defeated his rival Foreign Secretary Jeremy Hunt by a landslide in a ...

Bloomberg Romanian Prime Minister Viorica Dancila plans to run for president in a move that may cause friction within the ruling coalition as her main ally is also considering his candidacy. The ruling Social Democrats leaders pressed Dancila to join the presidential race as no other candidates were seen standing a chance against incumbent Klaus Iohannis, who’s seeking re-election with ...

Bloomberg North Korean leader Kim Jong-un inspected a new submarine that would soon be deployed to waters between the peninsula and Japan, state media said, a move that comes as his regime tries to step up its ability to launch missiles from subs. There was no indication in the Korean Central News Agency (KCNA) report whether the submarine was capable ...

Bloomberg US stocks rose as investors assessed a batch of strong earnings and signs of progress in trade talks with China. Treasuries fell and the dollar rose. The S&P 500 climbed for a second day, though gains faltered as the index pushed back toward 3,000. Coca-Cola climbed to a record, while Lockheed Martin and United Technologies jumped after the trio ...

Bloomberg The pound slipped on concern the UK may leave the European Union without a divorce deal after members of the Conservative party voted for Boris Johnson to be the next prime minister. Sterling fell for a third day after Johnson, who has vowed to march the UK out of the EU with or without a deal by October 31, ...

Now that Christine Lagarde has announ-ced her resignation as managing director of the International Monetary Fu-nd, German chancellor Angela Merkel says Europeans “again” have a “claim” to fill what is arguably the world’s most important economic job. Merkel is invoking a decades-old political deal, which gives Europe the IMF leadership in return for allowing Americans to run the World Bank. ...

China’s bond market has been eerily quiet lately. Over the past year, investors in China’s US dollar bonds had gotten used to the idea of defaults. As early as 2015, the government started allowing some state-owned enterprises to renege on their commitments, a painful but welcome step that helps differentiate healthy firms and troubled ones. But there hadn’t been a ...