Bloomberg Prime Minister Boris Johnson vowed the UK will spend large sums on hospitals, schools and roads to jump-start the economy as it emerges from the coronavirus lockdown that has plunged the country into what may be the worst recession in three centuries. In an interview in the Daily Mail, Johnson rejected a return to the austerity policies that followed ...

Bloomberg Brazil, the nation with the second-highest number of coronavirus cases and deaths, reached a deal with the UK to produce the Covid-19 vaccine that’s been developed by Oxford University and AstraZeneca Plc. Brazil will spend $287 million to buy vaccine doses and ingredients for as many as 100 million shots that it will be able to produce locally with ...

Bloomberg Employers probably kept hiring millions of Americans in June as states gradually lifted pandemic-related restrictions on businesses in a delicate balancing act of getting economies rolling again while limiting infection rates. Economists project the Labour Department will report a three million increase in payrolls after a surprising 2.5 million gain a month earlier. The back-to-back gains, nonetheless, pale in ...