Bloomberg Business

US Sends Cluster Bombs to Ukraine Despite Civilian Threat

The US said it will send cluster bombs to Ukraine as part of a new push to support the country’s counteroffensive and boost its dwindling stocks of ammunition, overruling concerns that the weapons often fail to explode and pose a grave danger to civilians.

China Ends Tech Crackdown With Fines on Tencent, Ant Group

China imposed more than $1 billion in fines on tech giants Ant Group Co. and Tencent Holdings Ltd., signalling an end to a crackdown on the sector that had wiped out billions in market value and derailed the world’s biggest initial public offering.

Former Council on Foreign Relations Chief Defends Russia Meetings

The former chief of the Council on Foreign Relations, Richard Haass, confirmed he was part of a group that met with Russia’s foreign minister in April, saying such talks are important when official negotiations are “either nonexistent or unproductive.”

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