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Bloomberg Ugandan and Rwandan leaders pledged a mutual release of prisoners as a step in easing a diplomatic dispute that hit a low with the closing of their busiest border last year. President Yoweri Museveni and his Rwandan counterpart, Paul Kagame, committed to refrain from actions that could be perceived as “supporting, financing and infiltration of destabilising forces in their ...

Bloomberg Donald Trump has spent the past four years lobbing unsolicited advice at British prime ministers on the best path forward for an exit from the European Union and holding out promises of a grand new trans-Atlantic trade alliance. Now that Brexit is official, though, Trump gets to really double down on a role he relishes: that of the geopolitical ...

Bloomberg Emmanuel Macron will need all of his charm to rekindle France’s relationship with Poland. In the first visit to Warsaw by a French head of state in six years, he’s seeking to mend relations strained by his criticism of Poland’s controversial overhaul of the judiciary and its rejection of a deal with Airbus in 2016. Meeting his counterpart Andrzej ...

Bloomberg Russia may deport foreign citizens who are infected with the deadly new strain of coronavirus as part of a national plan against the outbreak signed PM  Mikhail Mishustin. The government will also postpone the flagship Sochi Economic Forum due to be held from February 12-14 as a precaution, Mishustin said at a televised meeting with his deputies on Monday. ...

Bloomberg Indian PM Narendra Modi’s government plans to allow foreign investors greater access to short-term and long-term government securities in a bid to tap money being poured into passive funds operated by firms such as BlackRock Inc. Certain categories of sovereign bonds will be fully opened to non-resident investors, apart from being available to domestic investors, finance minister Nirmala Sitharaman ...

Bloomberg China said the US “inappropriately overreacted” to the deadly virus that originated there and hasn’t provided much help to counter the outbreak, disputing the Trump administration’s claim that it offered assistance. “The US government hasn’t provided any substantial assistance to us, but it was the first to evacuate personnel from its consulate in Wuhan, the first to suggest partial ...

Bloomberg Toyota Motor Corp’s luxury Lexus brand posted a double-digit sales gain last year, taking its 30th anniversary in stride as strength in China and Europe offset stalled demand in North America. The brand, which debuted in 1989, grew 10% to 765,330 vehicles worldwide, Toyota said in a statement on Monday, powered by strong sales of its UX subcompact crossover ...

Bloomberg India is gearing up for what could potentially be a slew of mega initial public offerings. PM Narendra Modi’s government surprised investors on February 1 by saying it will sell part of its stake in state-run behemoth Life Insurance Corp of India to meet its record asset-sale target. The jumbo sale could fetch the government between 850 billion rupees ...

Bloomberg Asian manufacturing gauges stumbled in January, suggesting the US-China trade agreement failed to spur sentiment for an industry now bracing for supply-chain disruptions and a blow to demand from the spread of the coronavirus. South Korea’s purchasing manager index — often viewed as a key barometer of global demand — fell to 49.8 from 50.1 in December. Malaysia’s reading ...

Bloomberg The hits just keep coming for Hong Kong. In 2019, there was the escalating US-China trade war, which squeezed exports. Then came violent protests beginning mid-year, with street-fighting between police and protesters driving away tourists and shoppers, hurting the services industries, and tipping the economy into its first contraction in a decade. Now, with advance figures on Monday confirming ...