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Bloomberg Oil slid to a two-week low and headed for its longest losing streak in two months as a plunge in US equities dragged other markets lower. Crude futures in New York fell a third day, sliding as much as 1.3 percent. Stock indexes from Japan to Germany tumbled on Tuesday after a frantic sell-off in US shares sent the ...

Bloomberg Serbia and Montenegro may join the European Union by 2025, the bloc’s executive will say, urging the western Balkan countries to improve the rule of law, curb corruption and put aside past grudges to enter the world’s largest trading club. The EU is offering a path to membership two decades after the bloody breakup of the former Yugoslavia. Along ...

Bloomberg UK Prime Minister Theresa May will announce a series of steps intended to crack down on social media companies for not policing extremist and abusive content on their platforms. May has made attacks on social media for not doing enough to combat extremism a fixture of her speeches in the past two years and she is now getting more ...

Bloomberg Financial services workers will be among the first to be hit by the rise of automation while women will feel the effects earlier than men, according to research by PricewaterhouseCoopers. The report—which analysed more than 200,000 jobs across 29 countries—anticipates three stages of automation between now and the mid-2030s, which will eventually impact almost one third of UK workers. ...

Bloomberg Toyota Motor Corp. predicted a record profit this fiscal year helped in part by President Donald Trump’s tax cuts and surging sales of the updated Camry sedan and RAV4 sport-utility vehicle in the US. A reduction in expenses through cost cuts and a favorable foreign exchange environment is also helping the carmaker lift its annual net income forecast to ...

Bloomberg Apple Inc. is pulling back on buying corporate bonds with its overseas cash as it prepares to bring the money home to the US, according to people with knowledge of the matter. About $157 billion of Apple’s $285 billion in cash, mostly held overseas, is invested in corporate debt, making it a leading lender. The cutback in buying, echoed ...

Bloomberg Russia’s billionaire oligarchs are beginning to face additional scrutiny on at least some financial transactions following US publication of a list of wealthy Russians identified as allies of President Vladimir Putin. One wealthy Russian on the list who spoke on condition of anonymity said he’s worried a deal with foreign partners expected to close in the next few months ...

Bloomberg US Vice President Mike Pence declined to rule out talks with North Korean officials while attending Winter Olympics events in South Korea, even as he urged the isolated regime to abandon it nuclear program. “I haven’t requested any meeting, but we’ll see what happens,” Pence told reporters at Elmendorf Air Force Base, Alaska, before departing for Tokyo. “My message ...

Bloomberg Chancellor Angela Merkel called on Germany’s prospective coalition parties to compromise, pointing to turbulence on global stock markets as adding urgency to talks to end the country’s political impasse. After more than four weeks of coalition negotiations between her Christian Democrat-led bloc and the Social Democratic Party, Merkel faces the most serious deadline yet in her bid for a ...

BRUSSELS / Reuters Kenyan authorities charged an opposition figure over his attendance at a mock inauguration ceremony, as protests erupted over the arrest of anti-government leaders. Police charged Miguna Miguna with being present at the administering of an oath of office to National Super Alliance leader Raila Odinga on January 30 “purporting to bind” Odinga to a treasonous offense, according ...