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Portugal in talks with UK to lift quarantine

Northern ireland eases measures against coronavirus

Bloomberg Portugal is in talks with the British government to try to lift a rule that requires anyone arriving in England from the southern European country to self-isolate for two weeks. Rita Marques, Portugal’s secretary of state for tourism, said in a Bloomberg Television interview on Monday that she wasn’t sure when the UK would revise its quarantine rule even ...

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Trump to limit contractors’ use of foreign workers in US

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Bloomberg President Donald Trump was expected to sign an executive order that would bar federal agencies from dismissing US citizens or green card holders and replacing them with foreign workers. The order will increase scrutiny of federal contractors’ use of H-1B visas to bring in temporary foreign labor for high-skilled jobs rather than relying on American workers, according to an ...

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HSBC warns loan losses may hit $13 billion as profit halves

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Bloomberg HSBC Holdings Plc is speeding up the shakeup of its global business after warning that the economic fallout from the coronavirus pandemic may trigger loan losses of as much as $13 billion this year. The Asia-focused lender missed estimates after reporting first-half profit that halved to $5.6 billion because of higher credit provisions. The bank said it is looking ...

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