Madrid / AFP Barack Obama met Spain’s King Felipe in Madrid on Sunday, during a symbolic but abbreviated first presidential trip to Spain in the wake of America’s latest spasm of violence. Obama is squeezing in a visit to a key NATO and EU partner before dashing home to deal with the aftermath of a wrenching shooting in Dallas. …

  Berlin / AFP More than 7,500 classical musicians performed in a German football arena at the weekend to set the world record for the biggest-ever orchestra. Amateur groups and full orchestras from Germany as well as Austria and the Netherlands took part in the mega-show Saturday evening in Frankfurt’s Commerzbank Arena, national news agency DPA reported. With 7,548 musicians involved, …

  ISTANBUL, TURKEY / AFP Militants from the outlawed Kurdistan Workers’ Party (PKK) killed six Turkish soldiers and a village guardsman in two separate attacks on Sunday, the army said. Five Turkish soldiers were killed in an attack on their military vehicle in Hakkari province on the road between the towns of Beyyurdu and Aktutun close to the border with northern …

  Bloomberg French President Francois Hollande, who last month endorsed Hillary Clinton in the U.S. presidential race, said the November ballot threatens to play out along similar lines to the U.K.’s European Union referendum. Just as U.K. voters rejected calls from political leaders and institutions to stay in the EU, a similarly anti-establishment sentiment may be brewing in the U.S., …

  Bloomberg Jeremy Corbyn said he’ll confront a challenge to his U.K. Labour Party leadership head on as the fallout from the referendum to leave the European Union sparks a splintering of his opposition group. Corbyn, 67, has been battered since the June 23 vote. Dozens of his front-bench team have quit, he lost a no-confidence vote by a 172-40 …

  Dallas / AFP Police arrested scores of people in demonstrations overnight Saturday to Sunday in several US cities, as racial tensions simmer over the killing of black men by police. Protesters led by the Black Lives Matter movement are demanding justice for two African-American men shot dead by cops, their dying moments captured in video that went viral online. …

WASHINGTON You can add health care to the causes of growing wage inequality in America. There’s a largely unknown paradox at work. Companies that try to provide roughly equal health insurance plans for their workers — as many do — end up making wage and salary inequality worse. A new economic study shows how this perverse bargain works. It’s simple …

  The Brexit that created a hullabaloo in Europe, could be seen a blessing in disguise for emerging economies in Asia, as it accelerates the arrival of an ‘Asian Century’, led by China and India. By 2050, Asia will account for over half the world’s GDP, almost double that of 2011, according to the Asian Development Bank, with three billion …

  Sarah Lohschelder SPECIAL TO EMIRATES BUSINESS Recent events have brought focus to one of the less well-known island disputes in Asia. The Kremlin announced it will deploy military forces to the Kuril Islands, or as Japan calls the island chain, the Northern Territories. This announcement came only three weeks after a private meeting between Putin and Abe in Moscow …

  Satyajit Das Today’s traders and portfolio managers — self-described Masters of the Universe — have hardly covered themselves in glory recently. Their surprise and initial panic at the Brexit result doesn’t say much for the extraordinary foresight, skill at managing risk and large pay packages many of them claim. Truth is, whatever successes they’ve notched till now probably owed …