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India evacuates 2 million as storm slams coast amid coronavirus woes

Bloomberg India has evacuated almost 2 million people from the east coast to safer places as a powerful cyclone hit the nation at a time when authorities are also battling the world’s worst outbreak of Covid-19. The eastern state of West Bengal has shifted about 1.1 million people to various relief centres, while neighbouring Odisha has so far moved more ...

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Macron reaches out to left in campaign mode

Bloomberg French President Emmanuel Macron has begun working to rally the left to his side as he gears up for a tough fight to keep his job in less than a year. Over the past few days, Macron appeared in a 30-minute game show with popular YouTubers clearly aimed at countering an impression of arrogance and aloofness that shows up ...

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Goldman sets up wealth JV with China’s largest bank

Bloomberg Goldman Sachs Group Inc received approval from Chinese regulators to set up a wealth management joint venture (JV) in the world’s second-largest economy to go after an asset pool it estimated will surpass $70 trillion by the end of this decade. Goldman Sachs Asset Management will hold 51% in the venture, while wealth arm of Industrial & Commercial Bank of ...

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