Bloomberg Toronto-Dominion Bank (TDB) plans to give workers up to eight hours of paid time off for coronavirus vaccinations. Workers will receive as many as four hours of paid time off for the vaccine and as many as four additional hours if a second dose is required, according to a memo from Kenn Lalonde, executive vice president of human resources. ...

Bloomberg Credit Suisse Group AG plans to wind down a $10 billion group of supply chain finance funds linked to financier Lex Greensill that it suspended this week because of valuation concerns. The Swiss bank said it will make the first payments to investors — amounting to approximately 80% of the available cash and cash equivalents — for the Luxembourg-domiciled ...

Bloomberg The recent rise in interest rates triggered a bout of volatility, but it’s not making the pros in the stock market run for the hills just yet. Some of the world’s biggest fund managers say equities can persevere and continue rallying through the rise in government bond yields. They are focusing instead on prospects for a powerful economic and ...

Bloomberg China’s policy makers, spurred to act by ballooning debt, are trying to get the country’s $10.7 trillion stock market to play a larger role in funding the economy. Top officials meeting in Beijing said they would push ahead with more equity-market reforms in 2021, accelerating a campaign aimed at encouraging more share sales from local firms. Initiatives like new ...

Bloomberg Oil in London falls for the first week in two months as signals of a patchy demand rebound across the globe and a stronger dollar held back crude’s rally. Global benchmark Brent futures fall 0.6%. West Texas Intermediate also edged lower, posting its first weekly decline in three weeks. A fresh bout of bond volatility spurred a risk-off mood ...

Bloomberg China’s electric-car makers are paying top-dollar rents to open showrooms in luxury malls, as they seek to gain an edge in the hyper-competitive market. More than half the malls in Shanghai have at least one electric-vehicle showroom and more are planned, according to real-estate service provider Jones Lang LaSalle Inc. They are now part of the “standard configuration” of ...

Bloomberg Apple Inc.’s advertising tool used to monetise some of its own apps and services is the target of a new complaint in France. France Digitale, a lobby group representing startups and venture capital firms, filed the complaint, saying that Apple’s own advertising system doesn’t seek a user’s consent for receiving targeted ads. The complaint focuses on an Apple feature ...

Bloomberg Microsoft Corp. has detected and blocked a “new family of ransomware” that was being used against servers that still hadn’t patched vulnerabilities after last week’s major security breach. The updates are a temporary measure to defend against attacks, which were already occurring in many places, the company said. The company discovered suspected Chinese state-sponsored hackers were exploiting previously unknown ...

Bloomberg Instagram will give a small number of creators in India the option to share their short video clips on Facebook Inc.’s main social network as part of a new test. Facebook is running a trial in India in which users can share Instagram Reels, short video clips with augmented-reality effects, in the news feed of the main blue app. ...

Bloomberg Bhavish Aggarwal surveys the empty 500-acre expanse encircled by neon-painted homes, tiny shrines and mango groves. The high-profile Ola founder hopes to erect the world’s largest electric scooter plant on this vacant plot on Bangalore’s outskirts within the next 12 weeks, cranking out about 2 million a year — a landmark for one of India’s largest startups. A two-and-a-half ...