Bloomberg Malaysian cabinet ministers on Wednesday unanimously pledged support for Muhyiddin Yassin to continue as the nation’s prime minister. The backing comes a week after the United Malays National Organisation, the largest party in the ruling coalition, retracted support for Muhyiddin and demanded he step down for failing to control the worsening Covid-19 situation, calling for a new leader to ...

Bloomberg Banks in Germany are rapidly cutting back on office space as a rising number of staff work from home, putting them at the vanguard of a global shift that could permanently change the way bankers work. Deutsche Bank AG is vacating several floors in a building housing about 1,000 employees, HSBC Germany is ditching six separate offices in Dusseldorf ...

Bloomberg National Australia Bank Ltd (NAB) has emerged as the front-runner for Citigroup Inc’s Australian retail assets. The country’s third-largest bank is in advanced discussions over the purchase of the unit, valued at more than $1 billion, the people said. National Australia confirmed its interest in a statement. “NAB regularly assesses opportunities to acquire businesses that support its growth strategy ...