Bloomberg Tanzanian opposition leader Tundu Lissu is set to return home to take part in presidential elections, three years after surviving an assassination attempt. The 52-year-old human-rights lawyer plans to run against John Magufuli, who’s seeking a second term after five years in power that critics say has been marred by a crackdown on civil liberties and political dissent. The ...

Bloomberg President Rodrigo Duterte pushed for corporate tax cuts and targeted support for pandemic-hit industries as part of a recovery plan, and told lawmakers on Monday he’d asked Chinese President Xi Jinping to help the Philippines get priority access to a Covid-19 vaccine. In his annual congressional address, Duterte also attacked the elite, while asking banks and property companies to ...

Bloomberg Ukraine pushed for progress to end the conflict with Russian-backed separatists over its easternmost regions as the latest ceasefire took effect after dozens of unsuccessful attempts. President Volodymyr Zelenskiy won last year’s elections on a promise to end the war that has killed more than 13,000 people since it began with Russia’s 2014 annexation of Crimea and support for ...

Bloomberg Spain’s tourism industry is at increasing risk of being shut down as countries across Europe seek to restrict visits to the Mediterranean nation, following an order by the British government to quarantine visitors. A steady increase in new infections in Spain last week pushed Boris Johnson’s government to order a 14-day quarantine for all visitors from Spain. Other European ...

Bloomberg Wirecard AG rose the most since June after it revealed that more than 130 investors are eyeing the company’s assets. Some 60 potential buyers have signed confidentiality agreements relating to the bidding for Wirecard’s North America unit, and 77 have done so for its core business of acquiring and issuing, the company’s insolvency administrator, Michael Jaffe, said in a ...

Bloomberg AstraZeneca Plc agreed to pay as much as $6 billion to buy into a promising medicine for lung and breast cancer in the second potential blockbuster oncology deal in two years with Japan’s Daiichi Sankyo Co. The UK drugmaker will pay Daiichi $1 billion upfront to jointly develop and bring to market a cancer therapy in early clinical tests ...

Bloomberg German businesses are growing increasingly optimistic that government support at home and an unprecedented euro-area fiscal plan will bolster demand and drive an economic recovery later this year. Expectations at companies surveyed by the country’s Ifo institute improved to 97 in July from a revised 91.6 in June, the strongest reading since late 2018. The main business climate index ...

Bloomberg The number of electric cars on Britain’s roads will jump to 30 million in next 20 years, helped by government policies to phase out sale of polluting cars. The nation’s goal of reaching net-zero emissions by mid-century is looking more achievable under three out of four scenarios modelled by network operator National Grid Plc’s Electricity System Operator unit in ...

Bloomberg The UK proposed strict new limits on junk food advertising as ministers seek to control the country’s growing obesity problem, which has been identified as a factor in coronavirus deaths. Plans include banning TV and online advertising of foods high in fat, sugar or salt before 9 p.m., the Department for Health and Social Care said on Monday. Advertisers ...

Bloomberg Taiwan’s equity benchmark broke a record that stood for three decades, helped by the biggest surge in years for the economy’s biggest stock. The Taiex closed 2.3% higher Monday as Taiwan Semiconductor Manufacturing Co. soared the 10% daily limit. The $35 billion addition to its market capitalisation makes TSMC the 12th most valuable stock worldwide, ahead of US retail ...