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Bloomberg Volkswagen AG’s two top leaders, Chief Executive Officer Herbert Diess and Chairman Hans Dieter Poetsch, were charged with market manipulation in Germany over allegations they failed to inform investors early enough about the diesel-emission scandal. Former CEO Martin Winterkorn was also charged in the case, according to the indictment filed by Braunschweig prosecutors. The shares fell as much as ...

Bloomberg President Donald Trump ordered his acting chief of staff to delay sending $400 million in military aid to Ukraine at least a week before he spoke to that country’s president, a person familiar with the matter said. Donald Trump’s July 25 telephone call with the new Ukrainian president, Volodymyr Zelenskiy, is the subject of a congressional investigation and is ...

Bloomberg Russian President Vladimir Putin will meet his embattled Venezuelan counterpart Nicolas Maduro in Moscow on Wednesday, but the two aren’t planning to sign any documents, Kremlin spokesman Dmitry Peskov said. “Various aspects of bilateral cooperation will be discussed,” Peskov said. The leaders will hold one-on-one talks, as well as a working lunch including other officials. “Of course, opinions will ...

Bloomberg Ghana’s security forces arrested three people and seized arms in connection with activities surveyed over the last 15 months, which were targeted at the presidency. “The joint operation was to neutralise an elaborate plot targeted at the presidency, and with the ultimate aim of destabilising the country,” the Ministry of Information said in an emailed statement. Between June and ...

Bloomberg If Prime Minister Narendra Modi was worried about a frosty reception in the US after his crackdown on India’s Muslim-majority region of Kashmir, President Donald Trump was quick to put those fears to rest. “Border security is vital to India,” Trump said alongside Modi, as the two spoke at a huge gathering of around 50,000 Indian-Americans. “We understand that.” ...

Bloomberg The UK’s top judges inflicted an unprecedented legal defeat on Prime Minister Boris Johnson, branding his controversial decision to suspend parliament unlawful and calling on lawmakers to return to parliament as soon as possible. The unanimous landmark decision by the 11 judges on Tuesday is a boost for MPs seeking to prevent Johnson pulling the country out of the ...

Bloomberg China said US Secretary of State Michael Pompeo was attempting to “sow discord” with recent comments about its policy toward Muslim Uighurs in its far west region of Xinjiang, treatment that has been widely criticised by foreign governments and rights groups. Pompeo said Beijing’s campaign against the Uighurs was an “attempt to erase its own citizens” and urged countries ...

Bloomberg China isn’t in a rush to add massive monetary stimulus, in contrast with other central banks around the world, and must maintain a prudent policy stance, central bank Governor Yi Gang said. Overall financial risks are contained and those in the shadow banking sector and some key institutions have been resolved, said Yi, speaking at a joint briefing in ...

Bloomberg Job cuts announced by banks this year are approaching 60,000, almost all of them in Europe, where negative interest rates and a slowing economy prompt lenders including Germany’s Commerzbank AG to step up cost reductions. Commerzbank said it plans to eliminate 4,300 positions, deepening a restructuring that started three years ago. That brings the total disclosed this year to ...

Bloomberg Goldman Sachs Group Inc’s most senior female banker is getting a promotion as Chief Executive Officer David Solomon continues reshaping leadership teams across the firm ahead of his first anniversary in the top job. Alison Mass, who has been responsible for cultivating the bank’s relationships with top buyout shops and multinational firms, was named chairman of the investment-banking division, ...