W Somerset Maugham’s 1925 novel “The Painted Veil” features a harrowing description of a cholera outbreak in a provincial Chinese city. “The great city lay in terror; and death, sudden and ruthless, hurried through its tortuous streets … The people were dying at the rate of a hundred a day, and hardly any of those who were attacked by ...

  Life isn’t getting easier for the Federal Reserve. US inflation remains way above target, supply blockages show no sign of easing, the labour market is stretched — and the pressure on prices continues to build. Many investors are expecting a faster pace of tightening from the Fed; but overdoing it risks pushing the economy into recession. Striking the right ...

Bloomberg Tesla Inc is calling back its workers in Shanghai to prepare for the initial resumption of production as soon as next week, after a weeks-long suspension because of the city’s strict lockdown to contain the Covid outbreak, people familiar with the matter said. The electric vehicle pioneer told some employees to enter a so-called “closed-loop” production system on April ...