White House officials have been likening their workplace to a “ghost town” since President Donald Trump was diagnosed with Covid-19. East Wing staffers are under orders to work from home, while many in the West Wing — if they aren’t isolating with their own cases — are also staying away. It’s a smart choice, but not one that’s available to ...

Europe desperately needs its banks to function better. Low profitability, decrepit technology and a new wave of loan losses threaten to hobble even the continent’s strongest lenders. Share prices are close to historic lows. In this environment, it’s tempting for those in better shape to snap up their cheaper rivals. But banking bosses should think carefully before empire building. Europe’s ...

Bloomberg Power supply was restored in most parts of India’s financial capital after its worst blackout in decades disrupted transport networks and briefly hit trading volume in bond markets. Mumbai, home to India’s biggest stock exchanges, financial regulators and the central bank, witnessed a power failure at around 10 am local time. Power tripping — or an overload in the ...