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Jakarta to isolate virus cases in official facilities

Bloomberg Residents of Indonesia’s capital of Jakarta who tested positive for the coronavirus will be isolated in official facilities and can no longer be quarantined at home, the city’s governor said ahead of tighter restrictions that take effect on Monday. Isolation at home must be avoided to limit contagion, Anies Baswedan said at a press conference on Sunday. The city’s ...

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British banks brace for slump by pulling mortgage deals

Bloomberg British mortgage lenders are beginning to batten down the hatches for an oncoming spike in unemployment. HSBC Holdings Plc, Barclays Plc and Natwest Group Plc have tightened restrictions on home loans for risky borrowers as officials unwind pandemic-support efforts. Then there’s the renewed prospect of a no-deal Brexit, threatening to deepen what’s already worst recession in centuries. By moving ...

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Euronext in talks to bid for Borsa Italiana

Bloomberg Deutsche Boerse AG submitted an offer for exchange operator Borsa Italiana SpA, pitting it against a joint bid from Italian state-backed lender Cassa Depositi e Prestiti SpA and France’s Euronext NV. The German exchange said in a statement that it was “offering a high value for the future growth and development of an autonomous Borsa Italiana Group, thereby strengthening ...

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