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Myanmar locks down biggest city over virus

Bloomberg Myanmar locked down most of Yangon province, home to its largest city, for two weeks to contain a record surge in coronavirus infections ahead of the general elections scheduled for November. The strict stay-at-home order from Monday bars more than one member of a family venturing out for shopping and curbs travel from Yangon township to other cities except ...

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Europe set for biggest shift yet in financing cleaner growth

Bloomberg The European Union (EU) will unleash as many green bonds as the world issued last year, testing the level of investor interest in financing a shift towards cleaner economies. The bloc plans to create up to 225 billion euros ($266 billion) of green debt, which will propel it from a debut issuer to the largest player in the nascent ...

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ByteDance asserts control of TikTok and contests $5 billion fee

Bloomberg ByteDance Ltd. emphasised it will remain in control of a hived-off TikTok Global business, appearing to contradict President Donald Trump’s statements about how the new entity will be directed by Americans and pay an unusual $5 billion fee to the US government. The world’s most valuable startup sought to play down speculation it’s giving up control of valuable Chinese ...

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