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Bloomberg The UK government deployed the “largest repatriation in peacetime history” to bring home more than 150,000 tourists stranded on overseas beaches and in vacation hotspots by the collapse of tour operator Thomas Cook Group. The massive airlift, using chartered jetliners, follows the collapse of the 178-year-old company after eleventh-hour fundraising talks with investors failed. The move saw all bookings, ...

Bloomberg Ukraine’s novice leader may have thought Vladimir Putin would pose his biggest diplomatic challenge. Five months after being elected, it’s Donald Trump who’s giving him a crash course in the perils of international politics. President Volodymyr Zelenskiy is being pulled into the storm surrounding the 2020 US election over a July phone call during which media allege Trump repeatedly ...

Bloomberg Secretary of State Michael Pompeo said the US is “working diligently” towards a diplomatic resolution with Iran after accusing the Islamic republic of attacks on Saudi Arabian oil fields, but that President Donald Trump is prepared to take other action if necessary. “Make no mistake about it, if we’re unsuccessful in that and Iran continues to strike out in ...

Bloomberg President Donald Trump endorsed India’s need for “border security” at a rock concert-like event in Houston with Prime Minister Narendra Modi, whose government seeks to expand its control of the disputed territory of Kashmir. Sharing a stage in Houston and later walking hand-in-hand around a football stadium, Trump received Modi’s endorsement in front of more than 50,000 Indian Americans ...

Bloomberg Boris Johnson started a week of intense diplomacy on Monday, as he tried to push for a Brexit deal on the sidelines of the United Nations General Assembly in New York. The British prime minister was expected to hold meetings with all the key players — Germany’s Angela Merkel, French President Emmanuel Macron, Irish Prime Minister Leo Varadkar and ...

Bloomberg At least 20 people were killed and dozens injured as fresh clashes erupted in Indonesia’s restive Papua region, according to military and police officials. Four people including a soldier were killed in clashes in Jayapura, the province’s capital, while 16 people were killed in Wamena, a city in the Papua mountain region. The death toll from Wamena, a region ...

Bloomberg Deutsche Bank AG finalised a deal transferring its business with hedge fund clients to BNP Paribas SA as part of the German lender’s historic retreat from investment banking. About 1,000 Deutsche Bank employees will move to the French rival through 2021, according to people with knowledge of the matter. Ashley Wilson, one of two executives at the German bank ...

Bloomberg South African banks are urging clients to use digital channels as the industry prepares for what could be its biggest strike since 1920. “Banks will be operating as usual on the day,” the Banking Association South Africa said. Lenders “are taking the necessary precautions to minimiwe disruption” related to the proposed protest action by the South African Society of ...

Bloomberg After a decade of being regulators’ favourite target, the world’s biggest banks now pose less of a risk to the economy than before the financial crisis, according to the Bank for International Settlements (BIS) said in its latest quarterly review, which was released Sunday. At the same time, these banks became less critical to the overall financial system, it ...

Bloomberg Bangladesh stocks headed for the biggest gain in 17 months after lenders were allowed to borrow from the central bank to invest in equities. Bangladesh Bank allowed commercial banks to borrow at 6 percent using repurchase agreements, it said in a statement. The DSE Broad Index jumped as much as 2.3 percent in Dhaka, set for the biggest jump ...