Bloomberg General Electric (GE) Co predicted slow gains in operations this year and next after the coronavirus pandemic battered results in the second quarter. The jet-engine division has tracked “early signs of improvement” in flight departures on the path to a lengthy recovery, GE said in a presentation as it reported results. The company burned through $2.1 billion in industrial ...

Bloomberg US Secretary of State Michael Pompeo condemned Hong Kong’s decision to delay its Legislative Council elections by a year and urged the city’s government to reconsider. “There is no valid reason for such a lengthy delay,” Pompeo said in a statement. “This regrettable action confirms that Beijing has no intention of upholding the commitments it made to the Hong ...

Bloomberg Bavarian Premier Markus Soeder appeared to rule out running to succeed Angela Merkel as German chancellor, saying he wants to focus on leading the southern German state despite a surge in his popularity on the national stage. Soeder’s standing among voters has been burnished by his impressive performance during the coronavirus crisis, and the 53-year-old from Nuremberg is the ...