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Bloomberg Ireland has accepted the need to set up checks with Northern Ireland in a no-deal Brexit scenario, people familiar with the matter said. The government accept that checks, especially on livestock, will be required if the UK crashes out of the European Union, the people said, asking not to be identified because the plans haven’t yet been discussed with ...

Bloomberg Italian Deputy Prime Minister Matteo Salvini is set to pick Lorenzo Fontana, a veteran European lawmaker, as Italy’s new minister for European affairs, according to three League officials who declined to be named discussing a confidential issue. It’s a surprise move that would sideline Alberto Bagnai, a leading critic of the single currency who has roiled financial markets with ...

Bloomberg French President Emmanuel Macron’s top diplomatic adviser headed to Iran on Tuesday, seeking to persuade the Islamic Republic to reverse breaches that have raised pressure on European nations struggling to save the landmark 2015 nuclear deal from collapse. Emmanuel Bonne will meet with Iranian leaders, including a representative of Supreme Leader Ayatollah Ali Khamenei, on Tuesday and Wednesday, according ...

The most obscure part of President Trump’s economic agenda is deregulation. This is not because anyone is deliberately hiding it. The real reason is more mundane: Deregulation is obscure, because it’s genuinely complicated and confusing. The issues are highly technical, and they vary by industry. Only those who have a need to know are likely to take the time to ...

In most democracies, a politician who has just led his or her party to a crushing defeat steps aside. In the world’s largest democracy, however, parties are often structured around individuals or families. If they go, so does the party. That’s one reason why it is so surprising that Rahul Gandhi quit as president of the Indian National Congress party ...

Two years after Hong Kong’s securities regulator vowed to nip irregularities in the bud, flash crashes are still plaguing the world’s fourth-largest stock market. This year’s wave rivals the notorious “Enigma Network” that prompted the last bout of regulatory hand-wringing in 2017. In mid-January, Chinese real estate developer Jiayuan International Group Ltd. plunged without warning, triggering a $4.8 billion selloff ...

If there was ever a time for Japan and South Korea to engage in a supply-chain spat, this isn’t it. Last week, Japan moved to restrict exports of materials used to make semiconductors and smartphone screens to its North Asian neighbour, citing grievances between the two countries dating back seven decades. The curbs threaten the flow of components that feeds ...

Softbank Group Corp.’s Vision Fund has invested its $100 billion cash pile in 75 unicorns around the world. Not a single one is from Japan, its own backyard. That may be because the pickings are slim: While the US has 179 unicorns, China 93, and India 18, Japan has just two, according to CB Insights. How can a country that ...

Judy Shelton, the economic adviser President Trump says he is nominating to the Federal Reserve Board, has long been a predictable voice in monetary policy debates. Predictability is often a good thing in that context: It beats being erratic. Many monetary policy specialists want central banks to minimise the possibility of surprises by announcing relatively simple rules they will follow. ...

Rejoice, people of Earth! News outlets are reporting that Nasa is planning to visit an asteroid made of gold and other precious metals! At current prices, the minerals contained in asteroid 16 Psyche are said to be worth $700 quintillion — enough to give everyone on the planet $93 billion. We’re all going to be richer than Jeff Bezos! OK, ...