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Bloomberg If Brexit is bad for British business, global dealmakers aren’t paying attention. The UK is still their favourite place in Europe to invest, according to a survey by Ernst & Young LLP. Business executives from around the world ranked Britain third behind the United States and China as the top investment destination, ahead of Germany and France, the New ...

Bloomberg Facebook Inc.’s strategy to stamp out fake news is struggling. The company outsources the process to third-party fact checkers who can only tackle a small fraction of the bogus news that floods the social network, according to interviews with people involved in the process. And screenshots obtained by Bloomberg reveal a process that some partners say is too cumbersome ...

Bloomberg Theresa May’s government will step up its diplomatic efforts to win over skeptical European leaders as part of the UK’s drive to push stalled Brexit talks forward from discussing divorce to the future of trade. Brexit Secretary David Davis plans meetings in London and various EU capitals with senior officials from Germany and elsewhere, amid concerns that some member ...

Bloomberg One is China’s most reliable political springboard, the other is its largest regional economy. Both got new party chiefs in a weekend reshuffle that expands President Xi Jinping’s options for remaking the top leadership. Li Qiang, 58, a one-time top Xi aide, was appointed Communist Party secretary of the eastern financial hub of Shanghai on Sunday, the official Xinhua ...

Bloomberg Carles Puigdemont, the self-styled “president of the Catalan Republic,” failed to show his face at the government’s headquarters on Monday as Spanish officials tightened their grip on the rebel region. A few ousted Catalan officials posted pictures on social media of their arrival at work in a show of defiance after being fired by the Spanish government on Friday. ...

Bloomberg Reverend David Mwinamo spent Sunday praying with his congregation for a speedy end to Kenya’s protracted presidential election that’s cast the East African nation into crisis. Two votes since August have failed to produce consensus on who should lead the East African economic powerhouse of about 47 million people. President Uhuru Kenyatta claims a mandate from this month’s rerun ...

Bloomberg Iceland’s election delivered a path to power for the nation’s charismatic left-wing leader, Katrin Jakobsdottir, after a spate of scandals soured voters on the ruling conservatives. Saturday’s vote handed a potential center-left coalition a narrow majority, making the Left Green leader the most likely to get the nod to form a government, according to Stefanía Oskarsdottir, an assistant professor ...

The breakfasters at Bob and Edith’s Diner are too preoccupied with their tasty bacon and eggs to notice the Democratic gubernatorial candidate. Or perhaps, like all Americans who are more sensitive than oysters, they are in the throes of political exhaustion and are trying to ignore this year’s only competitive gubernatorial race. In any case, they seem unaware that the ...

Japan Prime Minister Shinzo Abe’s solid election win green lights a continuation of the Bank of Japan’s (BOJ) massive economic stimulus, entrenching a divide with global peers who are either heading in the opposite direction or mulling moves to do so. While growth in the world’s third largest economy has picked up, inflation remains nowhere close to the BOJ’s 2% ...

Congratulations! There is a very good chance your city is one of 237 runners-up in Amazon.com Inc.’s competition for a second North American headquarters. True, your town, city or region won’t be getting 50,000 new jobs, an estimated infusion of $38 billion to its economy or a skyline dotted with crystal biospheres. But don’t despair: This bidding process for Amazon’s ...