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Bloomberg Deutsche Telekom AG is the closest it’s ever been to securing the US wireless mega-merger that Chief Executive Officer Tim Hoettges has attempted to clinch three times. The German phone company rose the most in almost 10 months on Monday after clearing a major hurdle for the $26.5 billion takeover of Sprint Corp by its T-Mobile US Inc unit ...

Bloomberg Neither the European Union nor Britain is ready for a no-deal Brexit on October 31, according to a study of contingency plans by the UK’s biggest business lobby group. “There are no areas of relevance to the economy where the UK, EU and the business community are all prepared well enough for no deal,” the Confederation of British Industry ...

Bloomberg Facebook Inc’s “Like” button makes third-party websites responsible for processing people’s data under the European Union’s privacy rules, according to the EU’s top court. The EU Court of Justice weighed in on a dispute after an online fashion retailer was accused of violating EU law by embedding a Like plugin, which a consumer association said allowed the social media ...

Bloomberg The so-called Snooper’s Charter, which allows the UK government to access data from emails and mobile phones, survived a court challenge from a privacy group. A pair of UK judges dismissed the lawsuit, saying they weren’t persuaded that the legislation is incompatible with European Union rules. Judge Rabinder Singh said the 2016 Investigatory Powers Act included several “safeguards against ...

Bloomberg Pharmaceutical behemoth Pfizer Inc has transformed itself under new leadership through a series of spinouts and joint ventures, mitigating risk by placing some units at arm’s length while continuing to reap rewards from them. Chief Executive Officer Albert Bourla, 57, who took the helm in January after serving as the drugmaker’s operations chief, has rapidly transformed the company through ...

Bloomberg China said violent protests in Hong Kong wouldn’t be tolerated, its most high-profile response to unrest rocking the city after a chaotic weekend of unrest illustrated the government’s struggles in quelling a leaderless, unpredictable and widespread movement. The Hong Kong and Macau Affairs Office, which answers to China’s cabinet, reaffirmed its support for the city’s government and police in ...

Bloomberg Russian opposition leader Alexey Navalny may have been exposed to “an unknown chemical substance” in prison that caused a severe allergic reaction for which he was hospitalised, according to his doctor, Anastasia Vasilieva. Navalny, 43, was taken by ambulance to a Moscow city hospital for what his spokeswoman, Kira Yarmysh, said was a major allergic reaction, something she said ...

Bloomberg Efforts to secure safe passage through the Strait of Hormuz are ramping up as the UK said a second warship arrived in the area and South Korea may deploy its own unit as part of a multinational force. Tensions have flared in the strait in recent weeks as Iran pushes back against US sanctions that are crippling its oil ...

Bloomberg Iran doesn’t think the US is seeking talks or an agreement with the Islamic republic, Abbas Mousavi, a spokesman for the Foreign Ministry in Tehran, said days after Secretary of State Michael Pompeo expressed willingness to travel to Tehran to address the Iranian people. This is a “defensive move” by American officials in response to Foreign Minister Mohammad Javad ...

Bloomberg Days after being named chief of Venezuela’s feared SEBIN intelligence agency last fall, General Manuel Ricardo Cristopher Figuera was called in by President Nicolas Maduro and asked where the enemy was. “I don’t understand the question, sir,” Figuera says he responded. “I want a report every two hours of what the political opposition is doing,” Maduro replied, listing some ...