Bloomberg Malaysia’s king rejected Prime Minister Muhyiddin Yassin’s request to declare a state of emergency to tackle the coronavirus crisis, capping a tense weekend that saw opposition leaders criticise the proposal as an attempt by the premier to retain control amid a power struggle. The government has been handling the pandemic well, the palace said in a statement on Sunday ...

Bloomberg Criminal gangs may have received as much 2 billion pounds ($2.6 billion) from the UK’s rush to deliver wage support during the pandemic. While Chancellor of the Exchequer Rishi Sunak’s furlough programs have sustained millions of workers through the crisis, the rush to build them from scratch opened the door to massive fraud, according to the National Audit Office ...

Bloomberg Italy and Spain are preparing to extend virus restrictions this week as new cases surge in the two countries that were at the epicenter of the initial wave of the coronavirus pandemic in Europe. In Italy, Prime Minister Giuseppe Conte approved a plan to limit opening hours for restaurants, and shut entertainment centres and gyms. Italians will also be ...