Bloomberg Boris Johnson’s government announced another U-turn, caving in to pressure from opponents and keeping local lockdown rules in place amid a rise in Covid-19 cases. The prime minister is pushing to get Britons back to work and school, and his team had decided restrictions imposed in some areas of northwest England should be eased. But local politicians, including Greater ...

Bloomberg Switzerland’s financial regulator (Finma) started enforcement proceedings against Credit Suisse Group over a spying scandal that led to the ouster of ex-Chief Executive Officer (CEO) Tidjane Thiam. The move marks an escalation of regulatory involvement in the espionage charges, which also triggered probes by Swiss prosecutors. Finma said it will pursue any potential violations of supervisory law, and in ...

Bloomberg Australia’s central bank expanded a lending facility for banks as it kept key policies unchanged, and signalled a renewed willingness to explore additional measures to boost an economy still mired in recession. “The board will maintain highly accommodative settings as long as is required,” Reserve Bank chief Philip Lowe said after keeping both the cash rate and three-year yield ...