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Iceland to test airport passengers for virus

Bloomberg Iceland is proceeding with plans to test all incoming airline passengers for Covid-19 from June 15 in a bid to salvage its biggest export, tourism. The government’s announcement follows consultations with the country’s chief epidemiologist and a deal with DeCODE Genetics, which will assist with the testing facilities. “The economic impact of unchanged travel restrictions would be enormous,” the ...

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Tiffany dives after report that deal with LVMH is uncertain

Bloomberg Tiffany & Co plunged after Women’s Wear Daily (WDD) reported LVMH’s $16 billion deal to buy the jeweler is uncertain as the US economy faces widespread upheaval. Board members of the French luxury giant arranged to meet to discuss the planned acquisition, WWD reported, citing unidentified individuals. Directors are concerned about the Covid-19 pandemic that has disrupted the US ...

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Trump’s show of force fizzles in backlash over ‘crackdown’

Bloomberg Donald Trump faced a dwindling set of options to address nationwide unrest, after a backlash erupted over the government’s violent dispersal of peaceful protests outside the White House, plunging the president into more election-year turmoil. For Trump and his conservative backers, his photo op in front of historic St John’s Episcopal Church with Bible in hand was a show ...

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