Bloomberg Rolls-Royce Holdings Plc plans to shutter civil aerospace production for two weeks over the summer, cutting pay for 19,000 workers as the coronavirus crisis stunts demand for airliner engines. The measures relate to negotiations with unions announced last summer and will affect 12,500 people in the UK, where Rolls-Royce is based, a spokesman said. The salary reduction will be ...

Bloomberg The military coup in Myanmar has gone past the point of no return, according to a confidential UK foreign office assessment, in a sign that major democracies expect to have limited ability to influence the events unfolding inside the country. The bleak view from a senior British diplomat concludes the coup is irreversible, and that army chief Min Aung ...

Bloomberg China has formally arrested an Australian citizen who was formerly a news anchor for Chinese state television, escalating a case that has contributed to tensions between Beijing and Canberra. Cheng Lei, a Chinese-born Australian who most recently worked for state broadcaster CGTN, was formally arrested in China on February 5 following six months of detention, the office of Australian ...