What does the FBI director do when he suspects the president is a manipulative liar? The answer in James Comey’s case is that he writes memos, tries to evade demands for loyalty — and anguishes about protecting himself and the FBI. But by Comey’s own admission, perhaps he should have done more. The big news had already surfaced before Comey’s ...

There’s something about the Indian stock market this year that’s turning the serious business of managing money into a kindergarten spoon race: Everybody is a winner. Well, almost everybody. Among offshore funds that primarily invest in India, the top 30, which between them account for $40 billion in assets, have produced average returns of almost 25% so far in 2017, ...

UK Prime Minister Theresa May’s election gamble has failed disastrously. The consequences are dire for her party and government, and could be equally bad for her country’s relationship with Europe. May had hoped to increase her Conservative majority in Parliament, and instead has seen it wiped out. The Tories are the largest party in the House of Commons and with ...

As former FBI Director James Comey testifies before the Senate Intelligence Committee, it’s useful to bear two things in mind: What he’s describing isn’t normal. And it isn’t going away. In a written statement released before his appearance, Comey depicted a disturbing sequence of events related to the investigation into Russia’s meddling in the 2016 election. President Donald Trump repeatedly ...

‘Enough is enough,’ UK Prime Minister Theresa May declared after the London terror attack, the third one this year. But what she proposed to counter the terrorist attacks was, essentially, some freedom of speech restrictions, more powers for law enforcement and longer sentences for terror-related offenses — the same old toolbox that has been used for almost two decades. There ...

European regulators have pushed a dying Spanish bank into the arms of Banco Santander SA, the euro zone’s biggest lender by market value. The takeover of Banco Popular Espanol SA saves face for regulators and politicians eager to avoid an embarrassing taxpayer rescue. It allows Santander to boost its own balance sheet and scoop up a rival for a song. ...

The vote to have Britain exit the European Union highlighted deepening rifts across the country — between the old and the young, the rich and the poor, the North and the South. May’s proposals, which focus on lower taxes funded by cuts to education, health care and security, are likely to make Britain an even more divided kingdom. Once among ...

Bloomberg The Venezuelan debt that Goldman Sachs Group Inc. bought last month may be known as “hunger bonds” to many in the international community, but they’re earning a different moniker on Wall Street: repudiation bonds. In the days since that controversial transaction, numerous investors have been approached by brokers putting out initial feelers to gauge their interest in the notes, ...

Bloomberg Investors in Qatari stocks, bonds and currency forwards were saddled with losses last week as the country was thrust into the epicenter of an unprecedented spat with its neighbors. The country’s stock market had shrank by about $11 billion in value, the most since 2010, after Middle Eastern countries including Saudi Arabia and the United Arab Emirates cut ties ...

Bloomberg Deutsche Bank said it can’t comply with a request to hand over information related to its relationship with Donald Trump and trades from the bank’s Moscow operation as political opponents seek to probe the US President’s links with Russia. The lender is required by law to maintain confidentiality of non-public customer information, Deutsche Bank lawyers said in a letter ...