Bloomberg Australian Prime Minister Scott Morrison said his government wants to restart dialog with Beijing, as a series of trade reprisals from China strain the already-weakened relationship between the two countries. “We, of course, would like to see the dialog that was occurring to continue again and start again,” Morrison said at a press conference at the Group of Seven ...

Bloomberg The coronavirus pandemic real-estate boom has made some Canadians richer, while others languish. The net worth of the nation’s households increased by about C$770 billion ($633 billion) in the first three months of 2021, a record 6% gain, to C$13.7 trillion, Statistics Canada said in a report. Since the start of 2020, that figure has increased by more than ...

Bloomberg The UK hospitality industry warned it may lose 500,000 jobs when the government’s furlough program to support wages ends. Hotels and restaurants are saddled with back taxes of 93 million ($132 million) that will become an unsustainable burden if the government fails to drop all lockdown rules as planned on June 21, said Kate Nicholls of business lobby group ...