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Bloomberg Apple’s Steve Jobs was singular in his ability to take a company “on a path to die” and turn it into the world’s most valuable — in part by “casting spells,” billionaire Bill Gates said. Gates spoke of Jobs, the Apple Inc co-founder and chief executive officer who died of pancreatic cancer in 2011, in a segment on leadership ...

Bloomberg Iran said it would pursue nuclear talks with European nations in the coming days, while ratcheting up pressure on its partners to salvage the landmark 2015 deal by announcing it had abandoned restrictions on uranium enrichment. Deputy Foreign Minister Abbas Araghchi said his country hasn’t closed the diplomatic pathway with Europe, and that the US could join talks if ...

Bloomberg Kim Darroch, the British ambassador to the US, described President Donald Trump as “inept” and “incompetent” in diplomatic memos to his bosses at the UK Foreign Office, the Mail on Sunday reported. The newspaper reported that Darroch used cables and briefing notes to comment on Trump and those who surround him. Trump’s White House was “uniquely dysfunctional” and given ...

Bloomberg The top US diplomat on North Korea heads to Europe for talks on removing nuclear weapons from the Asian peninsula, the State Department said, a week after an impromptu meeting between Donald Trump and the North’s Kim Jongun. US Special Representative Stephen Biegun will be in Brussels and then Berlin through Thursday to meet Lee Do-hoon, South Korea’s special ...

Bloomberg Labour leader Jeremy Corbyn should move more quickly to make remaining in the European Union the party’s official position before a possible general election, Labour’s treasury spokesman John McDonnell said. While Labour’s deputy leader, Tom Watson, has for months been calling for the party to adopt the policy, or seek a second referendum, Corbyn has so-far refused to commit. ...

Bloomberg Thousands of demonstrators chanting slogans marched through one of Hong Kong’s busiest tourist districts, the latest demonstration in weeks of mass protests triggered by a proposed law that would allow extraditions of criminals to mainland China for the first time. The marchers walked through the pedestrian-heavy Tsim Sha Tsui area as they headed towards the city’s new high-speed rail ...

The trade deal between the European Union and four of Latin America’s biggest economies is a sharp riposte to both US President Donald Trump and Britain’s Brexiters. The agreement, reached after 20 years of negotiations, will end tariffs on 93 percent of Mercosur’s exports to the EU over time, with the rest getting “preferential treatment.” European companies — including those ...

As US anti-monopoly authorities weigh possible investigations into America’s technology superpowers, there is one advantage the government can’t touch: the size, scale and might of the tech giants’ computer networks, logistics machines and other infrastructure. This week, Bloomberg News wrote about the irony of the last decade of flourishing technology startups. Many of the upstarts might not exist without the ...

Nobody likes a big grocery bill. Unless you’re a venture capitalist, of course. With the cost of produce skyrocketing in China, hot money is flooding towards fresh-food operators. Yonghui Superstores Co., a $14 billion firm that counts Tencent Holdings Ltd. as a strategic investor, now trades above 40 times 2019 earnings. Shares of Jiajiayue Group Co., a smaller supermarket chain, ...

Italy’s populist leaders have spent the best part of a year looking for the outside forces who were driving up the country’s cost of issuing public debt. The answer, it turns out, was closer to home. This week the yield on Italy’s 10-year bonds fell below 2 percent, while the interest on two-year debt turned negative. The yield spread with ...