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Indonesia prepares to lock down 30 million people to curb virus

Bloomberg Indonesia may soon quarantine almost 30 million people in its capital and surrounding areas to curb the spread of the coronavirus that’s killed more than 100 people in the world’s fourth-most populous nation. Police and transport officials conducted drills on limiting the movement of people from the Greater Jakarta area at the weekend, the Jakarta Post reported. The governor ...

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US, Russian oil most vulnerable to demand crash

Bloomberg Oil demand is getting hammered at a faster pace than anyone had predicted and landlocked crude production in the US, Russia and Canada is most vulnerable, according to Goldman Sachs Group Inc. Consumption will drop by 26 million barrels, or 25%, this week as social-distancing measures to contain the coronavirus now impact 92% of global GDP, analysts including Jeff ...

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Covid-19: Czech energy billionaire tests positive

Bloomberg Daniel Kretinsky, the owner of a $7.8 billion Czech energy conglomerate EPH, said he tested positive for coronavirus on March 12 and has been self-isolating himself since then. Kretinsky told newspapers E15 and Blesk, which both belong to his media unit, that he is running his businesses remotely and spends 12 hours a day on the phone. He said ...

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