Bloomberg They’d just bet millions on a hotel makeover, were waiting tables while pursuing their dream, or toiling in an already tough oil market. Canadians have seen their world upended in a matter of days as the coronavirus shuts down huge swaths of the economy. Now, they’re trying to figure out how to make ends meet and negotiate a maze ...

Bloomberg Media companies including AT&T Inc. and ViacomCBS Inc. are pressing the pause button on asset sales worth more than $5 billion because of the global coronavirus pandemic. AT&T’s auction of four regional sports networks, ViacomCBS’s offloading of its publishing arm and closely-held Ion Media Networks Inc.’s $3.5 billion sale process have been held up amid a downturn in financing ...

Bloomberg The shutting of European borders in a bid to contain the coronavirus pandemic is about to derail a 200 billion-zloty ($47 billion) industry. The Polish construction sector, which employs 400,000 people and accounts for 8% of gross domestic product, faces unprecedented trouble amid concerns over the Ukrainian workforce it depends on. The builders are gradually heading back to their ...

Bloomberg A Trump administration effort to blame China for spawning the coronavirus has stalled for now at the United Nations Security Council (UNSC), with other countries focused exclusively on urging joint global action to fight the pandemic. UN members Indonesia, Ghana, Singapore, Liechtenstein, Norway and Switzerland are proposing that the 193-member General Assembly adopt a text calling for “international cooperation ...

Bloomberg Dozens of people clashed on the Hubei border after the Chinese government lifted a two-month quarantine on the epicenter of the country’s coronavirus outbreak, highlighting the challenges of undoing the unprecedented measures taken to contain the disease. The conflict began on March 27 on a bridge connecting Hubei and neighbouring Jiangxi province as policemen from both sides argued over ...

Bloomberg Chancellor Angela Merkel said it’s premature to consider easing Germany’s lockdown measures as coronavirus infections can take as long as 14 days to incubate. “We’re not even close to where we can see if the measures are working,” Merkel said via audio conference from Berlin in her first public comments since entering precautionary quarantine on Sunday. The German leader ...

Bloomberg Singapore is facing a grave economic challenge posed by the coronavirus pandemic that may affect the timing of the nation’s election, said Prime Minister Lee Hsien Loong. In a meeting with reporters on March 28, Lee said the tide “had not turned” with the outbreak. As more residents come home to Singapore, more virus enters the country, he said. ...

Bloomberg A week-long paid national holiday announced by President Vladimir Putin on March 25 apparently doesn’t mean people should stop working, according to a Kremlin spokesman. “Those who have been working remotely will continue to work next week,” spokesman Dmitry Peskov said on an unscheduled conference call with reporters. “It’s not days off or holidays in the classical understanding of ...

Bloomberg Gunmen abducted Soumaila Cisse, the leader of Mali’s main opposition party, and members of his campaign team days before parliamentary polls. Cisse and his team were attacked as they campaigned for the vote on Sunday near the candidate’s hometown of Niafunke in the north of the country, his Union for the Republic and Democracy said. A party official on ...

Bloomberg Wistron Corp, one of Apple’s manufacturing partners, said half its capacity could reside outside China within a year. The declaration underscored how the Asian assemblers that keep the world supplied with iPhones and other gadgets are shifting to a higher gear after the coronavirus showed the folly of staking everything on one country. The move in production out of ...