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Merkel’s bloc sinks amid calls for health minister’s removal

Bloomberg Support for German Chancellor Angela Merkel’s conservative bloc slumped to its lowest in a year as discontent over the government’s handling of the vaccination rollout mounts and some opposition leaders called for her to fire the health minister. The stuttering pace of inoculation, irritation with months of lockdown restrictions and a scandal over allegations that some conservative lawmakers profited ...

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Goldman, Citi lead US banks plowing billions into China

Bloomberg Goldman Sachs Group Inc. led US banks plowing billions of fresh cash into China last year, undeterred by political turmoil as the world’s second-largest economy further opens its $50 trillion financial market. The bank’s “cross currency outstandings” rose 33% to $17.5 billion last year in China, covering a broad array of cash and financing to companies and government entities, ...

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HSBC closes main Hong Kong office after multiple Covid cases

Bloomberg HSBC Holdings Plc’s main Hong Kong office was closed until further notice after three people working in the building tested positive for Covid-19 amid a renewed wave of infections among the city’s business and expatriate community. The Center for Health Protection has published a formal notice requiring visitors who stayed at the building for more than two hours between ...

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