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Bloomberg Somalia said Kenya is politicising refugee camps, which have sheltered hundreds of thousands of Somali nationals for three decades, by moving to have them closed. Kenya upped pressure on the United Nations this week to come up with a plan to shut down the country’s Kakuma and Dadaab camps, saying their continued existence posed a security threat to East ...

Bloomberg Britain and the European Union (EU) took their first step since Brexit to cooperate on financial services, agreeing on a new forum to discuss market regulation. The move could help finance firms in the City of London to eventually win back some access to the single market they lost when the UK left the EU. The two sides have ...

Bloomberg US consumer sentiment continued to improve in late March to a one-year high as more Americans got coronavirus vaccinations and business restrictions eased in many states. The University of Michigan’s final sentiment index increased to 84.9 from a preliminary March reading of 83, according to data. The median projection in a Bloomberg survey of economists called for 83.6. A ...

Bloomberg Microsoft Corp. is in talks to acquire Discord Inc., a video-game chat community, for more than $10 billion. Discord has been talking to potential buyers and software giant Microsoft is in the running, but no deal is imminent, said the people, who asked not to be identified because the discussions are private. Discord is more likely to go public ...

Bloomberg Media mogul Rupert Murdoch has chosen a former Fox News executive to unleash his controversial brand of journalism on British screens. But David Rhodes insists he’s not bringing the US network’s brash playbook to London. “It wouldn’t work in this market,” the News UK TV president said in an interview with Bloomberg News. “If you look at News Corp.’s ...

Bloomberg Italy’s population shrank in 2020 by the most in over 100 years, as measured by the number of births minus deaths, with the coronavirus pandemic amplifying a trend that’s been underway since 2007, according to a report released by Istat. The number of deaths outnumbered births by 342 thousand, the most since 1918. The overall population fell by 384 ...

Bloomberg Germany’s Finance Ministry gave explicit backing in 2019 to financial regulator BaFin’s controversial approach to fraud accusations at Wirecard AG, raising questions about its role in one of the biggest corporate scandals in recent history. In a March 2019 phone call, Deputy Finance Minister Joerg Kukies gave the head of BaFin, Felix Hufeld, broad support for his efforts to ...

Bloomberg Intel Corp. unveiled an ambitious bid to regain its manufacturing lead by spending billions of dollars on new factories and creating a foundry business that will make chips for other companies. The plan, launched by new Chief Executive Officer Pat Gelsinger, is an aggressive move that puts Intel into direct competition with Taiwan Semiconductor Manufacturing Co., the world’s most-advanced ...

Bloomberg Mercedes-Benz is about to unveil a new flagship model it expects to boast market-leading battery range, following through on its pledge to compete in the luxury electric-vehicle segment with top technology. The April 15 debut of the EQS — the first Mercedes built on dedicated electric-car underpinnings — will mark a milestone for the German brand that’s been criticised ...

Bloomberg Facebook Inc. will start to reopen its Silicon Valley offices beginning in May, a signal the technology industry may return — at least in part — to the office after more than a year of working from home during the global pandemic. Facebook will begin by opening Bay Area offices at just 10% capacity, and expects that its largest ...