Bloomberg Hong Kong will shorten its quarantine requirement for inbound travelers by a week, but extended a ban on people coming from eight countries as a record number of infections stresses the city’s infrastructure. The shorter quarantine period will begin from February 5, and will see travelers stay in a hotel for 14 days and then undertake seven days …

    Bloomberg Amazon.com Inc workers at a facility in Staten Island, New York, have collected enough signatures to hold an election on whether to join a union, according to US labor officials. There is “sufficient showing” to proceed with a petition from the fledgling Amazon Labor Union, a National Labor Relations Board representative said in an email. The ALU …

  Bloomberg Retail investors who netted billions in the legendary pandemic bull market are getting schooled on stock volatility at long last, as the rates-fueled rout resumes. When major major indexes were in free fall Monday, mom and pop offloaded a net $1.5 billion worth of stock by noon, according to data compiled by JPMorgan Chase & Co. strategist Peng …

Bloomberg Deutsche Lufthansa AG banned cargo from moving through its Frankfurt hub due to surging Covid-19 infections and related staff shortages in the German city. The move will impact goods arriving from other parts of Germany, the rest of Europe and North America, according to an emailed statement. Direct deliveries to Frankfurt — a major transport hub for coronavirus vaccines …

  Bloomberg Deutsche Bank AG plans to further increase its dividend after resuming payouts following a huge restructuring that saw it exit equities trading and cut thousands of jobs. The decision to pay out 700 million euros ($790 million) through buybacks and dividends is an “important first step” in the bank’s commitment to pay out 5 billion euros ($5.60 billion) …

  Bloomberg Toronto-Dominion Bank (TD) plans to hire more than 2,000 technology workers this year, more than six times the number added last year, pitting the lender against fintech firms in the war for talent. The hires come as the bank works to become more digitally focused, according to a statement, and follow the 300-plus technology roles added in 2021. …

  Bloomberg European banks have been told to assume that real-estate assets most exposed to flood risk could lose almost half their value, as the sector’s resilience to climate change is stress-tested over the coming months. The European Central Bank (ECB) is factoring in a 45% slump over a single year for property values in areas that are likely to …

  Bloomberg Wells Fargo & Co said it expects a key measure of lending to pick up this year, a sign that clients are starting to take on debt again as government stimulus wanes. The bank said net interest income may rise about 8% this year. The firm also reported net income of $5.8 billion, beating analysts’ expectations and the …

  Bloomberg Hungary will probably raise its base interest rate for an eighth consecutive month after inflation failed to slow in line with the central bank’s forecasts. The National Bank of Hungary will boost the required reserve rate to 2.7% from 2.4%. It may also raise the ceiling on its interest-rate corridor, which is currently at 4.4%. That would make …

  Bloomberg NatWest Group Plc is bringing together its commercial, securities and international units into a single franchise, hoping to improve relations with customers. NatWest Markets and RBS International, whose assets are kept separate from the bank’s retail operations under British ring-fencing rules, will become a single unit along with the ring-fenced Commercial arm by July, the London-listed lender said …