Bloomberg As other countries face renewed outbreaks, Sweden’s latest Covid-19 figures suggest it’s rapidly bringing the virus under control. “That Sweden has come down to these levels is very promising,” state epidemiologist Anders Tegnell said. Since hitting a peak in late June, Sweden’s infection rate has fallen sharply, according to the Health Agency of Sweden. That’s amid an increase in ...

Bloomberg A Chinese researcher in US custody on charges of visa fraud was ordered detained until August 10, when she’ll have a fight on her hands if she asks to be released on bail. Juan Tang appeared before US Magistrate Judge Deborah Barnes in Sacramento, California. She took shelter at the Chinese consulate in San Francisco after federal agents interviewed ...

Bloomberg Caught in the crossfire between Washington and Beijing, HSBC Holdings Plc is fighting forces that threaten to upend a business built on connecting China to the West. Chairman Mark Tucker is overseeing a sweeping review of HSBC’s US and European operations with an eye towards unloading businesses beyond repair, as doubts grow that 35,000 job cuts announced in February ...