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Bloomberg Police visited Twitter Inc’s empty offices in India following the company’s decision to label multiple tweets from accounts linked to the country’s ruling party as manipulated media. The unexpected visit happened late Monday after Twitter labelled multiple tweets for violating its synthetic and manipulated media policy, a person familiar with the matter confirmed. The policy forbids users from sharing ...

Bloomberg US Secretary of State Antony Blinken kicked off a Middle East diplomatic mission with a pledge to help reconstruction efforts in Gaza, left battered after a destructive 11-day conflict with Israel. Standing next to Israeli Prime Minister Benjamin Netanyahu in Jerusalem, Blinken said he will specify an aid package to the Palestinians later on Tuesday. The US will ensure ...

Bloomberg Two light rail transit trains collided at an underground section near the famed Petronas twin towers in Kuala Lumpur, injuring more than 200 passengers in a rare mishap that has prompted a full government probe. No deaths were reported while 47 passengers sustained serious injuries, Bernama cited Dang Wangi District Police chief Mohamad Zainal Abdullah as saying. The collision ...

Bloomberg Backed by the US, European Union (EU) leaders moved to impose new sanctions on Belarus over the forced landing of a Ryanair Holdings Plc jet and the arrest of a dissident journalist. “It’s piracy,” German Finance Minister and Vice Chancellor Olaf Scholz said on Tuesday in a Bloomberg webinar. “I’m really, really angry about what happened and we cannot ...

Bloomberg Germany has suffered a 300 billion-euro ($366 billion) blow from fallout linked to the coronavirus and the economic damage will take years to fix, according to research group IW Cologne. The pandemic is projected to slash about 100 billion euros ($122.59 billion) from the output of Europe’s largest economy in the first half of 2021, adding to the hit ...

Bloomberg The UK posted a 31.7 billion-pound budget deficit ($45 billion) in April as the new fiscal year got under way. The shortfall reported by the Office for National Statistics on Tuesday was in line with the median forecast of economists but well below the 47.3 billion pounds registered in April last year, when the first coronavirus lockdown pummeled the ...

Bloomberg Sales of previously owned US homes dropped unexpectedly in April for a third straight month as an inventory crunch pushed up prices by the most on record and restrained purchases. Contract closings decreased 2.7% from the prior month to an annualised 5.85 million, the slowest pace since June, according to data from the National Association of Realtors. The median ...

Bloomberg France will likely decide on Wednesday whether additional restrictions are needed at its border with the UK to fend off a coronavirus variant first identified in India. The UK is trying to make a case to France that extra curbs aren’t necessary, citing the large share of its vaccinated population, a person familiar with the discussions said. About 70% ...

Bloomberg Poland has “undoubtedly” emerged from its first economic slump in three decades, while European Union (EU) stimulus and a government plan to boost spending will stabilise the economy and ensure strong growth in the coming years, Deputy Prime Minister Jaroslaw Gowin said. Polish output shrinks for a fourth straight quarter in the first three months of this year. But ...

Bloomberg China’s equity benchmark rallied by the most since July as investors piled into stocks amid attempts by policymakers to contain commodity prices. The yuan also advanced to its strongest since 2018. The CSI 300 Index closed 3.2% higher at its strongest since early March, driven by gains in consumer staples equities. The surge came as overseas investors net purchased ...