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Bloomberg Apple Inc. is significantly increasing its footprint in Seattle as it expands on a previously announced plan to boost hiring, bringing an additional 2,000 jobs to the area in the next five years. The iPhone maker signed a lease for office space at 333 Dexter, a 660,000-square-foot (61,300-square-meter) development in the South Lake Union neighborhood being built by Kilroy ...

Bloomberg Glencore Plc is cutting out many of its intermediaries — the agents and dealmakers once essential to cracking the toughest markets — amid growing scrutiny of its operations around the world. Under pressure from its compliance division, Glencore is dismantling much of its glo-bal network of trading agents, according to people familiar with the situation. To continue operating, the ...

Bloomberg Iran said the path to a diplomatic solution with the US had closed after the Trump administration imposed sanctions against its supreme leader and other top officials, raising tensions days after the downing of an American drone brought the Middle East to the brink of war. President Donald Trump unveiled sanctions on Ayatollah Ali Khamenei and eight senior military ...

Bloomberg The European Union’s center-right alliance is determined to defy French President Emmanuel Macron in the race to nominate the next EU Commission chief, according to senior party officials. European conservatives were enraged that Macron blocked their candidate for commission president, Manfred Weber, at last week’s summit in Brussels, and suspect he is seeking to undermine their role, even though ...

Bloomberg Poland’s sweeping judicial overhaul, which includes lowering the retirement age of Supreme Court judges, violates European Union rules, the bloc’s top court said in a stinging rebuke of measures described by government critics as a political “purge.” The Polish reform “is not justified by a legitimate objective” and “undermines the principle of the irremovability of judges, which is essential ...

Bloomberg Boris Johnson said he believed the British Parliament would now support a no-deal Brexit, even as senior figures in his Conservative Party warned they had the numbers to stop him if he tried to push one through. Johnson, a former foreign secretary, and the favourite to succeed Theresa May as prime minister, used a BBC interview to argue that ...

For years, Russia has been the world’s biggest sovereign gold bug: Even while gold prices were in the doldrums, it doggedly kept increasing its reserves. Now that gold is at the highest level since 2013, the tactic appears to be paying off. The US dollar’s dominance as a global reserve currency is commonly thought to result from the dearth of ...

China’s central bank is stretching its arms far and wide to stem convulsions in the real economy. In the process, it’s lending legitimacy to financial firms that have long operated in the shadows. Beijing has invited non-bank financial institutions to play a larger and more formal role in the aftermath of the first regulatory takeover of a commercial lender in ...

The euro area economy is in a real bind, as Mario Draghi admitted at European Central Bank (ECB) summit in Portugal. So he won’t have been too thrilled that his suggestions on how to respond were subject to a rapid and damning response from the world’s most famous Twitter account. “Mario Draghi just announced more stimulus could come, which immediately ...

Last week, the New York State Assembly passed the most aggressive clean-energy target in the United States, requiring New York to get 100 percent of its electricity from zero-emissions sources by 2040. Governor Andrew Cuomo, who is expected to sign the bill into law, called it “the most aggressive in the country.” On the other side of the country, Oregon’s ...