Bloomberg Hong Kong’s biggest remaining pro-democracy news outlet closed after becoming the target of a national security investigation, capping a year of historic strokes by Beijing to silence dissent in the Asian financial center. Stand News announced on Wednesday on Facebook that it would immediately lay off all staff and cease operations, and take down its website and social ...

  Bloomberg Pressure is piling on President Jair Bolsonaro to provide more financial aid to Brazilian states affected by heavy rains that have left several cities underwater and thousands of people homeless. The president, who’s vacationing at a beach in the south of country, published a decree setting aside 200 million reais ($35.5 million) to rebuild highways and roads destroyed ...

  Bloomberg The two Wall Street investment-banking titans dominating this year’s dealmaking frenzy are opening up their wallets to try to keep their bankers happy — and ratcheting up pressure on rivals to follow suit. Goldman Sachs Group Inc may boost its bonus pool for investment banking by about 50%, and JPMorgan Chase & Co may reach for a 40% ...