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Bloomberg As Sweden and Finland deliberate joining Nato, the two countries are seeking more clarity on how to bridge the gap between filing their applications and when the military alliance’s security guarantees would kick in with full membership. While there is little sign that the two Nordic nations would struggle to secure acceptance, Russia has repeatedly warned both against joining ...

Bloomberg China lashed out at House Speaker Nancy Pelosi for reportedly planning a landmark trip to Taiwan that’s been delayed because she has Covid-19, setting up a showdown when her visit to Asia is rescheduled. “If the speaker of the US House of Representatives knowingly commits a sneaky visit to Taiwan, it will be a malicious provocation to China’s sovereignty, ...

Bloomberg French voters head to the polls on April 10 in an election that is far from certain to return President Emmanuel Macron to power. Macron, 44, has sought to put himself at the centre of European and US efforts to end the crisis in Ukraine since late last year, and only began campaigning in earnest about a week ago. ...

  Bloomberg Sri Lanka’s opposition plans to file a motion soon to abolish President Gotabaya Rajapaksa’s sweeping executive powers that lawmakers and critics say has contributed to the economic mismanagement of the country and prompted street protests calling for his ouster. “It will be an opposition motion. It will be to abolish the executive presidency,” Harsha de Silva, a lawmaker ...

  Bloomberg India’s central bank signalled a shift in policy focus as it ramped up efforts to mop up excess liquidity in the banking system and raised its inflation forecasts, sending bond yields higher. While the Reserve Bank of India’s (RBI) rate-setting panel decided to hold rates and keep its accommodative stance, it also voted unanimously to focus on “withdrawal ...

  Bloomberg BNP Paribas SA reached one of the most comprehensive work-from-home deals among major banks, with more than 132,000 employees given the option of doing their jobs from home for up to half the week. Staff in 22 countries across Europe can decide to work from home every week for as much as 2.5 days or to adopt a ...

  Bloomberg Credit Agricole SA acquired a minority stake in Italy’s Banco BPM SpA, in a deal that may spark speculation it is aiming for a full takeover. The French bank said it has built a 9.18% holding in Banco BPM. It’s not applied for authorization from regulators to increase its holding above 10%, according to a statement. Consolidation of ...

Bloomberg In most of the world, exchange-traded funds (ETFs) are simply tools that allow investors to track a certain set of stocks. In Japan, they’ve been saddled with everything from propping up the market and boosting inflation, to accelerating economic growth, improving corporate governance and even encouraging gender equality. Such wide-ranging goals have led the Japanese central bank to amass ...

  Bloomberg Stocks are ending the week on a positive note, with European equities snapping two days of declines sparked by the Federal Reserve’s plan for aggressive monetary-policy tightening. The Stoxx Europe 600 index climbed more than 1%, with all industry sectors in the green and energy and basic resources leading the advance. Swedish truck maker Volvo AB declined after ...

DUBAI / WAM The Vision Pavilion, celebrating the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, will continue to delight and enthral as part of the legacy of Expo 2020 Dubai. The pavilion – one of the undeniable highlights of more than 200 pavilions across Expo ...