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Sunak demands easing of UK travel rules

Bloomberg Chancellor Rishi Sunak has urged an easing of the UK’s travel restrictions, which he said are damaging the country’s tourism industry and overall economy. Sunak wrote of his concerns to Prime Minister Boris Johnson before ministers are due to discuss August travel guidelines this week, the Sunday Times reported. In the letter, Sunak said UK border policy was out ...

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South Korea-US drills will hurt ties, says Kim’s sister

Bloomberg The sister of North Korean leader Kim Jong-un said planned joint military exercises between South Korea and the US will “cloud” inter-Korean relations, Yonhap News Agency reported. North Korea will “closely watch” if South Korea goes ahead with the drills, report said, citing a statement from Kim Yo Jong via the Korean Central News Agency. Kim Jong-un and South ...

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Deutsche Bank struggles with slew of departures in US wealth

Bloomberg Deutsche Bank AG has lost a string of US-based wealth management executives over the past year, as Chief Executive Officer Christian Sewing struggles to expand in the lucrative business of managing rich people’s money while keeping a lid on expenses. At least 10 senior bankers and numerous junior employees across the world’s largest wealth management market have left, according ...

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