Bloomberg Justice Ruth Bader Ginsburg’s (RBG) death has pulled the US Supreme Court deep into the nation’s bitter political wars, threatening lasting damage to the reputation of a governmental branch that has struggled to remain above the partisan fray. President Donald Trump and Senate Republican Leader Mitch McConnell are vowing to fill the seat despite the impending election. Outraged Democrats ...

Bloomberg UK Health Secretary Matt Hancock warned that national restrictions could be reimposed unless the recent spike in coronavirus infections is brought under control. Speaking on Sky TV’s “Sophy Ridge on Sunday,” Hancock said the UK is facing a “tipping point” in the battle to limit the spread of the disease. A further 4,422 new Covid-19 cases were reported on ...

Bloomberg Italian voters go to the polls until Monday, starting from Sunday, in regional elections that could weaken the year-old coalition of Prime Minister Giuseppe Conte as it struggles to pull the country out of the worst recession in living memory. Seven of the nation’s 20 regions will choose new legislatures, in addition to mayoral elections across the country and ...

Bloomberg President Donald Trump said he wants $5 billion from companies creating a new US-based TikTok venture directed towards teaching American children “the real history of our country.” Trump said that he had approved a transaction between Oracle Corp., Walmart Inc. and ByteDance Ltd. to create a new company called TikTok Global to run the US video-sharing app. As part ...

Bloomberg The UK will issue fines of as much as 10,000 pounds ($13,000) for people who break self-isolation rules, marking the latest bid to curb the recent jump in coronavirus cases across the country. Penalties will start at 1,000 pounds for breaking the restrictions starting from September 28, the prime minister’s office said in a statement. Charges will increase for ...

Bloomberg Canada’s most populous province extended local caps on the size of gatherings across the region as new infections surge to their highest levels in months. In three areas of Ontario, Premier Doug Ford had previously set a limit of 10 people for indoor events and 25 for outdoor ones. His government announced those curbs would be extended province-wide. “This ...

Bloomberg Germany’s federal government is planning new borrowing of 96.2 billion euros ($114 billion) next year, as Europe’s biggest economy seeks to spend its way out of the deep recession caused by the coronavirus pandemic. Chancellor Angela Merkel’s ruling coalition abandoned a long-standing policy of running balanced budgets in March, and new debt is set to swell to a record ...

Bloomberg US consumer sentiment increased more than expected in early September to a six-month high as Americans grew more upbeat about the economy’s prospects. The University of Michigan’s preliminary sentiment index for September advanced to 78.9 from a final August reading of 74.1, according to data released. The median estimate from economists surveyed by Bloomberg was 75. The measure of ...

Bloomberg In the country that pioneered the world’s first industrial revolution in the 18th century, its latest one is looking very much on hold. The global shift towards robotics and artificial intelligence (AI) across advanced economies is currently in a go-slow phase in the UK — where both Covid-19 and Brexit have hampered progress. That threatens to harm Britain’s competitiveness ...

Bloomberg Billions of dollars could be on the way to Sand Hill Road this week, home base for Silicon Valley’s venture capital elite, after a string of initial public offerings. Venture firms netted handsome returns on paper for their early investments. While the firms mostly won’t be able to sell their shares until lockup periods expire, proceeds from exits could ...