Bloomberg Federal Reserve Bank of Dallas President Robert Kaplan said the pace of acceleration in the coronavirus across the US will be an important factor as he weighs the need for another interest rate cut when policy makers meet later this month. “I am going to be watching very, very carefully the path of diagnosed cases,” Kaplan said in a ...

Bloomberg Mastercard Inc. closed its office in Sao Paulo and an annex location near its headquarters in New York after an employee contracted coronavirus. The Brazil-based employee traveled to the annex office in Purchase, New York, earlier this week, the company said in a statement. The two locations are undergoing a “thorough sanitisation process,” it said. “While it is believed ...

Bloomberg UK airline Flybe collapsed into administration after failing to secure a last-ditch bailout from the government, leaving no other option than to ground the regional carrier serving far-flung parts of the UK. Britain’s largest domestic airline had been teetering for months. It avoided liquidation in January, when Boris Johnson’s government came out in support of state intervention and its ...