Bloomberg Former billionaire Vijay Mallya lost a bid at a London appeal court to block his extradition to India, putting the fallen tycoon one step closer to facing fraud and money-laundering charges in his home country. A London appeal court upheld a 2018 ruling to send him back to India over allegations that Mallya made a number of misrepresentations leading ...

Bloomberg Boris Johnson is resisting pressure to ease the UK’s coronavirus lockdown too soon, fearing a second wave of the pandemic could hit the country, a person familiar with the matter said. The prime minister, who is yet to return to work after being struck by the virus himself, spoke with colleagues including his deputy, Foreign Secretary Dominic Raab, to ...

Where is the demand to come from? That is the crucial economic question these days. If we can’t answer it (and for now, we can’t), then the outlook is bleak. It implies a weak recovery or — worse — a Depression-like stagnation with massive joblessness. Economists project the recovery to begin sometime in the summer. But who will do the ...