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Bloomberg India’s air force doesn’t count casualties, the government does, Air Chief B.S Dhanoa said on Monday, as opposition leaders call on Prime Minister Narendra Modi for proof of success on recent strikes against Pakistan. “We hit our target. The air force doesn’t calculate casualty numbers, the government does that,” Dhanoa said at a briefing in the southern city of ...

Bloomberg Fresh calls for protests and strikes rippled through Algeria on Monday, with some warning that President Abdelaziz Bouteflika’s determination to run for a fifth term would set the nation ablaze even as he vowed to stand down within a year. The outburst of anger came almost immediately after Bouteflika’s campaign filed his official nomination papers for the April 18 ...

Bloomberg Juan Guaido’s party said the Venezuelan rival president is coming home for marches in the capital on Monday, risking arrest in his bid to end six of years of rule by Nicolas Maduro that have led the nation into poverty and revolt. “All to the streets, beside our president Juan Guaido for his arrival at Caracas,” read an invitation ...

Bloomberg China said it would need to increase its military spending to protect itself and that it doesn’t pose a threat to other countries. “A proper increase in the defense budget is needed to safeguard national security and transform China’s military with Chinese features,” Zhang Yesui, a spokesman for China’s National People’s Congress, said at a briefing on Monday in ...

Bloomberg The Trump administration imposed a tariff on steel imports last year to get companies to buy more American metal. In some ways, the duty has the US solar business doing the exact opposite. Consider the case of PanelClaw Inc., a supplier of steel racks that hold solar panels in place. Since President Donald Trump slapped tariffs on steel and ...

Bloomberg Husky Energy Inc. fell the most in nearly five months after posting what its chief executive officer called “tough and noisy” fourth-quarter results, which were hurt by a plunge in Canadian crude prices and a spill in its offshore operations. Net earnings dropped 68 percent from a year earlier, to C$216 million ($164 million), as falling crude and fuel ...

Bloomberg About 18,000 megawatts of coal and nuclear plants — enough to power 13.5 million homes — are slated to permanently shut across the eastern US grid. And the region still has enough electricity to keep the lights on, according to the chief executive officer of the grid operator. In fact, “we could sustain essentially in the 30,000 megawatt range,” ...

Bloomberg Nordea Bank Abp sank as much as 6.5 percent on Monday ahead of report due to be broadcast this afternoon that will focus on the biggest Nordic lender’s alleged involvement in money laundering. The news appeared to drag down a number of other Nordic bank shares with DNB ASA, Norway’s largest lender, falling as much as 4.6 percent. SEB ...

Bloomberg BNP Paribas SA won dismissal of a German lawsuit by a trader seeking 163 million euros ($186 million) for a “fat-finger” mistake in a 2015 transaction. The Frankfurt Regional Court on February 26 ruled it can’t look into merits of the case, which involved an error on the bank’s system that displayed derivatives priced at 108.80 euros each instead ...

Bloomberg Dalton Investments stepped up its pressure on Shinsei Bank Ltd., continuing a years-long effort to bring change at the Japanese lender. The US investment firm is proposing that its co-founder, Jamie Rosenwald, be put on Shinsei’s board, according to a copy of a letter to Shinsei provided by Dalton to Bloomberg. Dalton also renewed its call for the bank ...