Bloomberg North Korea test-fired a ballistic missile just hours after US Secretary of State Rex Tillerson mounted an effort at the United Nations to rally pressure against Kim Jong Un’s regime. The missile was fired at 5:30 a.m. on Saturday local time from northeast of Pyongyang and appears to have failed, according to a text message from South Korea’s ...

  Bloomberg The Turkish government agency in charge of internet technologies blocked access to Wikipedia on Saturday, without giving a specific reason for the decision. The ban was imposed after “technical analysis and legal consideration,” the Information and Communication Technologies Authority said, without citing any violation of Turkish law. The agency didn’t respond to calls placed outside regular business hours. ...

  Boomberg Millions of Brazilians were stranded without public transport and faced shuttered banks and schools as labor unions staged a nationwide strike against President Michel Temer’s reform agenda. Groups of protesters clashed with police in Brazil’s major cities as buses, commuter trains and metro lines ground to a halt. Access roads to airports in Rio de Janeiro, Sao Paulo ...

  In recent decades, psychologists and economists have produced a flood of new findings about how human beings think and act. Those findings offer compelling lessons about how to change people’s behaviour. Governments have taken notice — and so has the private sector. There are terrific opportunities here, but also real risks. Behavioral scientists have established, for example, that people ...

  Since becoming president of the European Central Bank, Mario Draghi has rarely looked as relaxed as he did in Thursday’s press conference. It’s not hard to see why: The euro-zone economy is gathering speed, confidence is soaring, and unemployment is tumbling. The recovery is also spreading across the region, reducing the risk that some countries may need a different ...

  Microsoft Chief Executive Officer Satya Nadella isn’t one for straightforward communications. On Thursday night, when analysts plied him with politely worded questions about the change in Microsoft’s business model, they were treated to classic bits of cryptic wisdom such as this one. To me, that’s why Azure is pretty strategic for us, not just for the attachment of high-level ...

  Bloomberg Goldman Sachs Group Inc. plans to start moving London-based staff and operations to new or expanded offices inside the European Union next year, as it prepares for the UK to lose easy access to the single market after Brexit, the firm’s co-head of investment banking said. The bank will relocate client-facing staff to various EU cities including Madrid, ...

  Bloomberg Deutsche Bank AG hired Citigroup Inc. Treasurer James von Moltke to replace Marcus Schenck as chief financial officer, completing a management shakeup that’s been key to the latest turnaround plan. Von Moltke will start in July, Deutsche Bank said in a statement, confirming a report by Bloomberg earlier on Friday. Germany’s biggest bank in March promoted Schenck to ...

  Bloomberg The Nordic region’s best-performing bank said first-quarter profit jumped 12 percent, a better result than analysts had expected, as income from trading grew. Danske Bank A/S reported net income of 5.53 billion kroner ($808 million) for the period, compared with a 4.52 billion-krone estimate in a survey of analysts compiled by Bloomberg. Net interest income rose 9 percent, ...

  BEIRUT / Reuters Lebanon’s Blom Bank reported a 3.5 percent year-on-year rise in first-quarter net profit, it said in a statement on Saturday. Net profit for the three months to the end of March was $112.03 million, it said. The bank had reported a $108.23 million net profit for the same period a year ago. It is Lebanon’s second-largest ...