Bloomberg Business

Warring Generals Agree to Extend Sudan Truce as Guns Blaze Again

Sudan’s military and a rival paramilitary force agreed to extend what had been a largely ineffective truce for an additional 72 hours, as diplomatic efforts pressed ahead to end a conflict that’s tipped the impoverished nation into fresh chaos.

China Envoy Warns Japan on Taiwan, Sees Spying in Astellas Case

China’s ambassador warned Japan that Taiwan was a red line not to be crossed, and said the detention of an employee of Japanese drugmaker Astellas Pharma Inc. was related to a spying incident that damaged Beijing’s sovereignty.

China Rebuilds Australia Ties After Failing to Press Economy

Australia’s economic and diplomatic relations with China are in recovery mode, with tensions over issues ranging from foreign investment to security receding as Beijing tamps down its punitive efforts to bend one of its key commodity suppliers to its will.

Glass Lewis Recommends Rejecting Italy’s Pick for Enel Chairman Post

Glass, Lewis & Co., LLC has recommended that shareholders at Italy’s Enel SpA reject the Italian government’s candidate for chairman, Paolo Scaroni, and back a candidate from an alternative slate, according to a report prepared by the proxy adviser which was seen by Bloomberg.

ECB and BOE Should Tread Carefully With Rate Hikes, IMF Says

Europe’s central banks should be wary of potential dangers ranging from more financial stress to a divergence in bond yields as they stay the course with further interest-rate hikes, according to the International Monetary Fund.

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