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Court Action Buoys Ramaphosa's Bid to Lead South Africa's ANC

Court Action Buoys Ramaphosa's Bid to Lead South Africa's ANC

The fractious race to succeed South African President Jacob Zuma as leader of the African National Congress faced further disarray by court rulings likely to disqualify more than 100 delegates who
Trump Says Moore Should Concede Loss in Alabama Senate Race

Trump Says Moore Should Concede Loss in Alabama Senate Race

President Donald Trump called on Republican candidate Roy Moore to concede losing the Alabama Senate seat to Democrat Doug Jones.
Merkel Touts Strong Europe as Carrot for SPD to Enter Government

Merkel Touts Strong Europe as Carrot for SPD to Enter Government

Angela Merkel said Germany needs a stable government to strengthen Europe in a world fraught with risk as her Social Democratic rivals agreed to talks that could lead to a renewed alliance with the
Amazon to Pay $118 Million to Settle Italian Tax Probe

Amazon to Pay $118 Million to Settle Italian Tax Probe

Amazon.com Inc. will pay 100 million euros ($118 million) to the Italian tax authorities for the period of 2011-2015 in a settlement that closes the fiscal probe by the country’s tax police, Italy’s
Ramaphosa Clearly Ahead in Tight Race to Lead ANC, Sisulu Says

Ramaphosa Clearly Ahead in Tight Race to Lead ANC, Sisulu Says

South African Deputy President Cyril Ramaphosa is leading by more than 300 votes in the race to become the next leader of the ruling African National Congress, his running mate, Human Settlements
McCain Critical to Passing GOP Tax Reform

McCain Critical to Passing GOP Tax Reform

Bloomberg's Kevin Cirilli discusses how important Senator John McCain is to passing GOP tax reform and the fallout from the Alabama senate race. He speaks on "Bloomberg Surveillance." (Source:
U.K. to Hold EU to Pledge on Early Trade Scoping: Brexit Update

U.K. to Hold EU to Pledge on Early Trade Scoping: Brexit Update

European Union leaders formally agreed that the U.K. has offered enough on the divorce settlement for talks to move on to the future relationship. Leaders are in Brussels on Friday for the second day
Republicans’ Ticking Tax Clock(s)

Republicans’ Ticking Tax Clock(s)

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How Chile’s Shifting Politics Baffled Markets

How Chile’s Shifting Politics Baffled Markets

For quarter of a century in Chile the same political coalitions proposed the same policies and the markets looked on with indifference. Not any longer.
South Africa Courts Hurt Dlamini-Zuma’s ANC Leadership Hopes

South Africa Courts Hurt Dlamini-Zuma’s ANC Leadership Hopes

Courts in three South African provinces on Friday dealt blows to the chances of Nkosazana Dlamini-Zuma to succeed her ex-husband, Jacob Zuma, as head of the ruling party this weekend and national
Goldman Sachs' Coleman on Race to Lead S. Africa's ANC

Goldman Sachs' Coleman on Race to Lead S. Africa's ANC

Colin Coleman, head of Sub-Saharan Africa office at Goldman Sachs, discusses South Africa's ANC electing a new leader this weekend and the importance of this election. He speaks on "Bloomberg Markets:
Erdogan’s Eccentric Theory of Inflation Scores a Win in Turkey

Erdogan’s Eccentric Theory of Inflation Scores a Win in Turkey

For years, Turkey’s President Recep Tayyip Erdogan has hawked an eccentric theory that challenged modern inflation-fighting methods.
Ivanka Opens a New Store—in Her Father’s Building

Ivanka Opens a New Store—in Her Father’s Building

Located in the lobby of Donald Trump’s tower in midtown Manhattan, the store is equal parts gift shop and tourist attraction.
Debt-Hungry Pensions Seen Having Fewer Bonds Under Tax Bill

Debt-Hungry Pensions Seen Having Fewer Bonds Under Tax Bill

With extra cash, firms may borrow less, reducing the supply of investment-grade bonds by as much as 17% next year, according to Bank of America estimates.
Merkel's About to Find Out If SPD Will Talk About Governing

Merkel's About to Find Out If SPD Will Talk About Governing

Germany’s Social Democrats are poised to decide whether to start talks with Chancellor Angela Merkel that could renew their government alliance.
EU Leaders Set March Rendezvous as They Seek New Deal on Euro

EU Leaders Set March Rendezvous as They Seek New Deal on Euro

European Union leaders agreed to reconvene in March with the aim of making progress on how to shore up the euro area, as the bloc’s two largest economies signaled they were ready to step up work
Loser-Pays Rule Raises the Ire of Defense Contract Advocates

Loser-Pays Rule Raises the Ire of Defense Contract Advocates

U.S. defense contractors are protesting a pilot program that would require losers in Pentagon competitions to pay the Defense Department’s costs if they challenge a decision and fail to overturn it.
Pence Set for Cooler Reception in Mideast After Jerusalem Decision

Pence Set for Cooler Reception in Mideast After Jerusalem Decision

Vice President Mike Pence will seek to show on a trip to the Mideast next week that the Trump administration can still partner with Arab and Muslim leaders on security matters and broker peace despite
America’s Inequality Machine Is Sending the Dow Soaring

America’s Inequality Machine Is Sending the Dow Soaring

The Great Recession is a speck in the rear-view mirror for America’s financial markets. They’ve advanced far beyond pre-crisis levels. In fact, Goldman Sachs says you can go back a century before
Fannie-Freddie Talks Set Competition as the Cost of Freedom

Fannie-Freddie Talks Set Competition as the Cost of Freedom

A pair of U.S. senators is determined to entice more companies to compete with Fannie Mae and Freddie Mac in the housing-finance market.