Bloomberg European Union efforts to agree on a 750 billion-euro ($856 billion) stimulus package ran into trouble as leaders were unable to reconcile differences over how much of the recovery fund should be distributed through grants versus low-interest loans. European Council President Charles Michel floated a new proposal that would reduce the size of handouts to 400 billion euros, down ...

Bloomberg Scores of Russia’s business and political elite have been given early access to an experimental vaccine against Covid-19, according to people familiar with the effort, as the country races to be among the first to develop an inoculation. Top executives at companies including aluminum giant United Co Rusal, as well as billionaire tycoons and government officials began getting shots ...

Bloomberg Global banks including Citigroup Inc. and UBS Group AG are suspending their return-to-office plans in Hong Kong after the city reported a daily record of more than 100 new coronavirus cases. Citigroup, which had already asked as many as 70% of staff to work from home last week, is now asking most people to do so starting Monday, according ...