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  Beijing / Bloomberg China plans to spend as much as $11 billion on a second airport in the southwestern city of Chengdu to help meet growing demand for air travel in the world’s second-biggest economy. The proposed facility will have three runways, one of them as long as 4,000 meters, according to a statement posted on the website of ...

  Mumbai / Bloomberg Reliance Industries Ltd., which reported the highest quarterly profit in more than eight years on Friday, fell to the lowest in more than a month on concerns over cost-overruns and delays in projects. The shares declined as much as 2.6 percent to 1,012.30 rupees, the lowest since mid-March, and traded at 1,015 rupees as of 2:31 ...

  Bangkok / AFP Tobacco giant Philip Morris on Monday pleaded not guilty to dodging hundreds of millions of dollars in import tax to Thailand, a crime carrying a massive fine of up to $2.27 billion. Thai prosecutors accuse the local unit of the company, which owns the Marlboro and L&M brands, of evading some 20 billion baht ($568 million) ...

  Singapore / Bloomberg Singapore’s consumer prices fell for a 17th consecutive month in March, the longest period of decline on record, reflecting the impact of lower oil costs and a weakening economy. Consumer prices dropped 1 percent from a year earlier as transport and housing costs fell further, the statistics agency said in a statement on Monday. That compares ...

  Hanover / AFP US President Barack Obama made an impassioned plea for European unity in the face of rising populism and scepticismon Monday, warning this was a “defining moment” for the continent. “A strong and united Europe is a necessity for the world,” Obama said in the German city of Hanover, in a landmark speech that carried the tone ...

  BRUSSELS / ap The Brussels subway station where 16 people were killed by a suicide bomber has reopened just over a month after the attacks. Security remains high across the underground network, which was hit during the March 22 peak morning travel period. The opening of the Maelbeek station early Monday brought the Belgian capital’s underground network back up ...

  Warsaw / AFP Three former Polish presidents and other prominent former leaders are accusing the right-wing government of demolishing the country’s democracy and its international standing. They are also urging lawmakers to disregard what they call the “draconian” new legislation the government is proposing. The appeal on Monday on the front page of the GazetaWyborcza daily was signed by former ...

  Rome / AFP NATO is three months away from launching patrols off Libya as part of a plan to stop migrants arriving in Italy, Italian Defence Minister Roberta Pinotti said in an interview published on Monday. Pinotti told daily La Stampa that Rome was expecting its allies to approve the plan at a summit of NATO leaders in Warsaw ...

  Washington / AFP Ted Cruz and John Kasich have decided to join forces to try to deny frontrunner Donald Trump their Republican Party’s presidential nomination, their campaigns said. The sudden alliance revealed in short statements arose due to the pressing timing of their party’s presidential primary season: Trump, a wealthy property developer and reality television star, has pushed close ...

  Vienna / AFP Austria’s government was licking its wounds on Monday after the anti-immigration far-right triumphed in presidential elections, in a debacle of historic proportions for a cosy political establishment seen as out of touch and ineffectual. According to preliminary results, Norbert Hofer of the Freedom Party (FPOe) came a clear first with 36 percent of the vote in ...