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  Moscow / AFP Russian security forces have shot dead two people suspected of “terrorism” carrying explosives in the city of Nizhny Novgorod, Russian news agencies reported on Sunday, citing law enforcement sources. An explosion during the operation injured two special police officers, while a third suspect was detained alive, reports said. “Law enforcement officers stopped a car, two suspects ...

  Madrid / AFP Spain’s divided Socialists gathered in Madrid on Sunday for a meeting widely expected to help finally unblock the country’s ten-month political impasse. The party’s policy-setting federal committee is likely to lift a veto that has prevented the conservative Popular Party (PP) forming a minority government. The meeting follows weeks of in-fighting within the Socialists, Spain’s second largest ...

Beijing/ AFP The leaders of the world’s most powerful political party gather in Beijing on Monday for a conclave that could change the course of Chinese history. In meetings at the exclusive Jingxi Hotel, safe from the public’s prying eyes, nearly 400 top members of the Chinese Communist Party will confer for four days, discussing changes to how the giant ...

  Bloomberg Wal-Mart Stores Inc. has hit the reset button on its China strategy in dramatic fashion. The world’s largest retailer is making an ambitious push into e-commerce in China and aims to deliver goods from its stores around the world to Chinese consumers within hours. Shoppers in select remote villages could even see their Wal-Mart products being delivered by ...

  Dubai / Emirates Business Musafir.com, the UAE’s first premium-experience travel website, announced the inauguration of a new flagship branch at Dubai International Financial Centre (DIFC). The new Musafir.com store was inaugurated by Sheikh Mohammed bin Abdullah Al Thani, Chairman of the Department of Statistics and Community Development and Co-founder of Musafir.com, in the presence of Sachin Gadoya, Managing Director ...

  BOGOTA / AP Colombia’s flagship airline briefly grounded all flights to Caracas after a Venezuela air force plane flew close to a passenger jet, but the company said it was resuming service following clarifications from the two governments. An Avianca Boeing 787 on a flight from Madrid to Bogota with some 200 passengers aboard was cruising at high altitude ...

  Bloomberg McDonald’s Corp. Chief Executive Officer Steve Easterbrook has more tricks up his sleeve than serving Egg McMuffins all day. A series of upgrades at the company’s international locations — including technological advances like self-service kiosks — boosted sales in some of the restaurant’s chains biggest markets abroad and helped third-quarter results beat analysts’ expectations. While the introduction of ...

  Bloomberg Bjorn Wahlroos, the chairman of Nordea Bank AB, confirmed he approached Dutch authorities about a possible merger with ABN Amro Group NV. While those talks didn’t lead to a combination of the two lenders, the Nordea chairman said a merger could have produced a “great bank,” during an interview with Finnish state broadcaster YLE. “It was in preliminary ...

  Bloomberg Lloyd Blankfein, chief executive officer of Goldman Sachs Group Inc., has shied away from publicly backing a presidential candidate this year, saying his support could harm that person’s chances. Yet in an interview that will air on CNN’s “ Fareed Zakaria GPS,” Blankfein, asked if he personally supports and admires Democrat Hillary Clinton, said that he did. “I’m ...

  Bloomberg Banks in the UK will start relocating operations out of the country by year-end, months before formal talks to leave the European Union begin, as London looks set to lose access to the EU single market, the head of the British Bankers Association said in a newspaper commentary. International banks’ “hands are quivering over the relocate button,” Anthony ...