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Romanian Premier-Backed Candidate Wins Mayoral Race in Bucharest

The candidate of Romania’s Liberal party won the mayoral race for Bucharest, strengthening the position of Prime Minister Ilie Bolojan inside the ruling coalition as he pushes through a package of austerity measures to trim the European Union’s widest budget deficit.

The candidate of Romania’s Liberal party won the mayoral race for Bucharest, strengthening the position of Prime Minister Ilie Bolojan inside the ruling coalition as he pushes through a package of austerity measures to trim the European Union’s widest budget deficit.
Bloomberg PoliticsDec 8, 5:36 AM
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Renewed Border Violence Threatens Thai-Cambodia Peace

Thailand has launched airstrikes on Cambodian military sites as renewed border violence threatens a US-backed peace deal.

Thailand has launched airstrikes on Cambodian military sites as renewed border violence threatens a US-backed peace deal. Bloomberg's Randy Thanthong-Knight reports. (Source: Bloomberg)
Bloomberg MarketsDec 8, 5:35 AM
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Russia LNG Plant in Baltics Sends Sanctioned Gas to China

A Russian liquefied natural gas export facility delivered its first shipment to China since being sanctioned by the US in January, the latest sign of increased energy cooperation between Beijing and Moscow.

A Russian liquefied natural gas export facility delivered its first shipment to China since being sanctioned by the US in January, the latest sign of increased energy cooperation between Beijing and Moscow.
Bloomberg MarketsDec 8, 5:06 AM
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UN Needs $33 Billion for Aid as Crises Grow, Funding Shrinks

The United Nations is asking member states for $33 billion to help people in need of humanitarian assistance around the globe, the organization’s most modest ask in the past half-decade amid member state budget constraints and a lack of US funding.

The United Nations is asking member states for $33 billion to help people in need of humanitarian assistance around the globe, the organization’s most modest ask in the past half-decade amid member state budget constraints and a lack of US funding.
Bloomberg PoliticsDec 8, 5:00 AM
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IndiGo Under Pressure After Flight Disruptions

Recent flight disruptions cap one of the worst years for India’s aviation industry.

Recent flight disruptions cap one of the worst years for India’s aviation industry. Vandana Singh, chairperson at the Federation of Aviation Industry in India, speaks about the developments and how they affect IndiGo, one of India's major carriers. (Source: Bloomberg)
Bloomberg MarketsDec 8, 4:59 AM
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India Sees New Nuclear Bill Spurring Projects Worth $214 Billion

India’s planned overhaul of its energy laws will effectively open its atomic power sector for new investment, according to a government minister, joining a global nuclear renaissance with a buildout worth as much as 19.

India’s planned overhaul of its energy laws will effectively open its atomic power sector for new investment, according to a government minister, joining a global nuclear renaissance with a buildout worth as much as 19.3 trillion rupees ($214 billion).
Bloomberg MarketsDec 8, 4:48 AM
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Global Funds Turn Buyers of Indonesia Stocks as Outlook Improves

Indonesian stocks are poised for their first quarterly inflow of funds from foreign investors in more than a year, as confidence improves over Southeast Asia’s largest market.

Indonesian stocks are poised for their first quarterly inflow of funds from foreign investors in more than a year, as confidence improves over Southeast Asia’s largest market.
Bloomberg MarketsDec 8, 4:05 AM