Serb President Steps Down as Party Leader Amid Protests
Serbian President Aleksandar Vucic stepped down as the head of his political party in a concession seen as symbolic amid swelling street protests.
Bloomberg Business
Ukraine Pressures Germany to Provide Long-Range Taurus Missiles
Ukraine has asked the German government to provide long-range Taurus missiles, which would be capable of hitting Moscow.
Africa’s Top Fund Manager, Ex-Telkom CEO, Axian Mull Telkom Bid
Africa’s largest asset manager, the Public Investment Corporation, is backing a possible bid led by the former chief executive of Telkom SA SOC Ltd for a 35% stake in South Africa’s third-biggest mobile phone company, according to people familiar with the matter.
ECB Near ‘Top of Ladder’ on Rate Tightening, Makhlouf Says
The European Central Bank is in the final stretch of its historic cycle of interest-rate increases, according to Governing Council member Gabriel Makhlouf.
World’s Richest Man Throws In Towel on Beverly Hills Hotel
Bernard Arnault, the world’s richest man, will scrap a plan to build a luxury hotel in Beverly Hills after residents in the wealthy city appeared to vote against the project.
Debt Limit, Kissinger, Texas, Stiff Person Syndrome: Social Buzz
Welcome to Social Buzz, a daily column looking at what’s trending on social media platforms.
‘Domestic Offshoring’ Sends Low-Wage Jobs Out of Key US Cities
The US is becoming increasingly split between high-priced cities where the rich and powerful congregate and more affordable locales that offer jobs that can be done from anywhere, according to a new study.
Stocks Traders Shun Leverage With Debt-Cap Deadline Approaching
For equity investors transfixed by a debt-ceiling standoff that risks pushing the US government into an unprecedented default, an analytical principle tied to insolvency is working like a charm.
Russia Expels Hundreds of German Government Employees
Hundreds of German government employees based in Russia, among them diplomats, teachers and personnel of cultural institutions, will have to leave the country next month after Moscow imposed a cap on foreign staff, Germany’s foreign ministry said.
