Bloomberg Secretary of State Michael Pompeo was expected to travel to Hawaii on Tuesday for meetings with his Chinese counterpart, according to two people familiar with the plans, as tensions between the countries run high over trade, coronavirus, the future of Hong Kong and other issues. Secrecy around the planned encounter between Pompeo and Yang Jiechi, the ruling Communist Party’s ...

Bloomberg The US tumbled further in a ranking of most competitive world economies, dragged down by the weight of President Donald Trump’s trade wars. After losing the top spot to Singapore in 2018, the US dropped further down the list to 10th place from third, according to an annual ranking from the Institute for Management Development (IMD), a business school ...

Bloomberg UK jobless claims more than doubled to almost 3 million during the virus lockdown, adding urgency to the Bank of England and government’s efforts to cushion the blow. The number of people seeking unemployment benefits increased by more than 1.5 million in the two months through May, the Office for National Statistics said on Tuesday. The figures show the ...