Bloomberg The US central bank’s No. 2 official said it’s too early to determine whether the coronavirus outbreak in China will significantly affect the US economy, which remains in a “good place.” “It is a wild card,” said Federal Reserve Vice Chairman Richard Clarida in an interview on Bloomberg Television. “We’re looking into how it translates into the outlook for …

Bloomberg Bitcoin’s infrastructure is more centralized than ever before —raising alarms about the security and viability of what is championed as a decentralised network. Transactions on the Bitcoin network are processed by so-called miners — mostly companies operating vast arrays of computers. As competition increased, many smaller participants became unprofitable and dropped out, while the larger operations have entered into …

Bloomberg Malaysia’s anti-graft agency said it’s already investigating corruption allegations surrounding AirAsia Group Bhd as detailed in Airbus SE’s record $4 billion bribery settlement. The Malaysian Anti-Corruption Commission is in touch with UK authorities on the matter, Chief Commissioner Latheefa Koya said in a statement. Documents filed in the Airbus case said the planemaker paid $50 million in sponsorships to …