Bloomberg The final day for Malaysia’s special parliament sitting on Monday has been postponed indefinitely because of the risk from a recent outbreak of Covid cases. The deferment follows a risk assessment by the health ministry, which found that the parliament’s locality is at risk of the spread of infections, according to a letter from the House of Representatives secretary ...

Bloomberg President Joe Biden hosted a meeting at the White House with Cuban-American leaders to discuss the largest demonstrations in decades that erupted in Cuba earlier this month. The meeting came the same day the administration announced sanctions against a Cuban police force and its leaders in response to violence against the demonstrators. Biden told the group that additional penalties ...

Bloomberg Peru President Pedro Castillo named former World Bank economist Pedro Francke as his finance minister and swore him in following a delay that unnerved investors. Francke advised Castillo on economic policy during the campaign and vowed to largely maintain the country’s macro-economic policies while putting more focus on social issues. He’ll be tasked with trying to maintain investor confidence ...

Bloomberg President Jair Bolsonaro doubled down on his criticism of Brazil’s electronic voting system, presenting a series of conspiracy theories and debunked Internet videos as evidence that elections are vulnerable to cheating. During a nearly two-hour address late on Thursday, the far-right president attacked the electoral authority, which has requested he provide evidence of his repeated claims of voter fraud. ...

Bloomberg The Justice Department directed the Treasury Department to hand over former President Donald Trump’s tax returns to Congress, a move that means six years of Trump’s personal and business financial information could become public. “We conclude that the Secretary must comply with the Ways and Means Committee’s June 16, 2021 request” for the tax returns and related tax information, ...

Bloomberg US drug regulators are taking an “all-hands-on-deck approach” to reviewing Pfizer Inc and BioNTech SE’s Covid-19 shot for full approval in an effort to persuade as many as possible to get immunised. The Food and Drug Adminstration (FDA) is “identifying additional resources such as personnel and technological resources from across the agency and opportunities to reprioritise other activities, in ...

Bloomberg Yale University is reinstituting a requirement that all individuals wear masks in indoor campus spaces, joining other colleges in efforts to combat the delta variant. Under the policy effective from August 2, masks must be worn regardless of vaccination status, the New Haven, Connecticut-based school said. Exceptions will be made for those working alone in a segregated space, such ...

Bloomberg Citigroup Inc’s chief financial officer said China’s recent moves to crack down on companies isn’t likely to harm the bank’s business across the Asia-Pacific region. While Citigroup has decided to exit retail banking operations in some Asian markets, it will continue to offer services to large corporations in the region through its institutional-clients group, Mark Mason said on a ...

Bloomberg Starbucks Corp reported quarterly results that outpaced estimates on the back of a strong US recovery — but a less optimistic outlook for the key Chinese market weighed on shares in trading. Global same-store sales, an important gauge of restaurant success, rose 73% in the fiscal third quarter ended June 27 compared with the year-earlier period, surpassing projections. US ...

Bloomberg Samsung Electronics Co said it’s making foldable phones a priority, starting with a major promotional push in the latter half of this year aimed at bringing the premium form factor to a mainstream audience. Discussing its earnings, the South Korean maker of the Galaxy family of mobile devices went further and stronger in its commitment to the foldable category. ...