Bloomberg President Donald Trump brushed off news of a possible weapons test by North Korea, vowing that leader Kim Jong-un “will do nothing to interfere” and that a denuclearisation deal with the US “will happen.” Saturday’s tweet, posted while Trump was in a motorcade to the Trump National Golf Club in Virginia, was the president’s first response to news that ...

Bloomberg Almost 150 rockets were fired at Israel from the Gaza Strip on Saturday, with Israel returning the strikes, its military said. The flare-up marked the latest escalation between the two sides. Gaza’s barrage followed the killing of four Palestinians by Israel. Two of those who died were Hamas extremists killed in an airstrike and two were demonstrators taking part ...

Bloomberg Donald Trump said that Russian President Vladimir Putin isn’t seeking to “get involved” in the crisis in Venezuela, despite assertions by the American president’s top national security advisers that the Kremlin is offering critical support to Nicolas Maduro’s regime. “He is not looking at all to get involved in Venezuela other than he’d like to see something positive happen ...

Bloomberg Cyclone Fani barreled through the eastern parts of India on May 3, unleashing heavy rain and prompting authorities in the country and neighbouring Bangladesh to evacuate a total of more than 3.5 million people to shelters. At least 12 people were killed as the storm swamped towns and villages, the Press Trust of India reported, citing government officials it ...

Bloomberg Voters in England punished both Theresa May’s Conservatives and Jeremy Corbyn’s Labour opposition in local elections, piling pressure on the two party leaders to resolve the Brexit crisis paralysing British politics. Britain’s major parties interpreted their poor results as an angry demand from a frustrated population to deal with Brexit, which has locked Parliament in a stalemate for months. ...

Bloomberg The referee, it seems, has taken sides. After spending much of the last 10 months acting as a mediator between the feuding deputy premiers who hold the real power in Italy’s government, PM Giuseppe Conte appears to have sided with one of them: the Five Star Movement’s Luigi Di Maio. When Conte called for the resignation of a cabinet ...

Bloomberg Boeing Co said it’s helping to investigate how a 737-800 plane arriving from Cuba slipped into a river after skidding off a runway near Jacksonville, Florida. The chartered flight operated by Miami Air International Inc was carrying 136 passengers and seven crew when it left the runway at Naval Air Station Jacksonville on Friday evening, Boeing said in a ...

Bloomberg Scandinavian Airlines operator SAS AB reached a deal with pilot unions to end a seven-day strike that left hundreds of thousands of customers in the lurch and may have wiped out profit for the Nordic carrier this year. SAS and the Danish, Norwegian and Swedish pilots agreed on a new three-year wage and labour deal after two days of ...

Bloomberg The top lender of ailing Jet Airways India said the burden of reversing the grounded carrier’s negative net worth before it can fly again is the biggest challenge for any potential investor. “Liabilities and losses are considerable,” Rajnish Kumar, chairman of State Bank of India, said. “All these past liabilities and then, profitably, can they fly in future? These ...

Bloomberg Under Armour delivered first-quarter earnings that topped analysts’ estimates, another indication that its three-year transformation is getting the athletic brand back on track. Earnings amounted to 5 cents a share, Under Armour said, compared with estimates of break-even. Sales were $1.2 billion, just a slight gain from a year earlier, but above the projected $1.18 billion. Shares jumped in ...