Bloomberg As India recorded more than 234,000 new Covid-19 infections last Saturday, Prime Minister Narendra Modi held an election rally in the West Bengal town of Asansol and tweeted: “I’ve never seen such huge crowds.” The second wave of the coronavirus has since grown into a tsunami. India is now the global coronavirus hotspot, setting records for the world’s highest ...

Bloomberg Armenian Prime Minister Nikol Pashinyan resigned to trigger new parliamentary elections, following months of opposition protests and calls from top army officers to resign over defeat in last year’s war with neighboring Azerbaijan. The resignation of Pashinyan, 45, will begin the process of dissolving parliament ahead of elections announced for June 20. He earlier met with leaders of the ...

Bloomberg Citigroup Inc could fetch as much as $6 billion from the sale of retail banking assets in 13 markets across the Asia-Pacific region, Europe and the Middle East as the lender forges ahead with plans to fine-tune its global branch network, people familiar with the plan said. The sale process for Australia is the furthest along and the preliminary ...