Bloomberg Uber Technologies, Inc is accelerating its on-demand grocery delivery service in the US, more than doubling the cities where it’s available and partnering with a major grocer as the pandemic-fueled delivery competition heats up. After launching its grocery delivery service last July, Uber said on Monday that it can now be used in more than 400 locations in the ...

Bloomberg The Biden administration has no immediate plans to levy economic sanctions on Chinese officials in response to the Microsoft Exchange hack that the US blames on Beijing, according to people familiar with the matter. Some in the administration cite concern that sanctions wouldn’t be as effective as other approaches in deterring future cyber-attacks by China, according to two people ...

Bloomberg The European Court of Human Rights denied Russia’s request to apply interim measures over alleged violations of human rights conventions by Ukraine, according to the court’s website. Russia demanded the court take measures in accordance with Article 39 of its rules. After the move, the application will be considered at a later date. Russia is seeking to make Ukrainian ...

Bloomberg Thousands of anti-lockdown protesters flooded into Australia’s largest cities, some clashing with police, defying stay-at-home orders imposed as the country grapples with resurgent infection rates and a sluggish vaccination program. Some demonstrators in Sydney were seen hurling bottles and plants — torn from the sidewalk — at police officers, while others chanted “Freedom, freedom” as they marched along Broadway ...

Bloomberg Members of Venezuela’s opposition said they are open to a new round of political negotiations with President Nicolas Maduro’s government ahead of upcoming local elections, but cautioned that agreement on the terms of the talks has not been reached. The two sides appeared to be moving closer to planning to hold meetings in Mexico, after Maduro declared the government ...

Bloomberg The Japanese and French governments have agreed to “actively” maintain defense cooperation to secure a free and open Indo-Pacific, according to a joint statement following a summit meeting between PM Yoshihide Suga and President Emmanuel Macron. Japan welcomed France’s intention, as presidency of the Council of the European Union in the first half of 2022, to reinforce the group’s ...

Bloomberg The European Central Bank (ECB) said it will lift a cap on how much lenders can return to shareholders with dividends and share buybacks, while urging them to remain cautious given uncertainty in pandemic. The ECB “decided not to extend beyond September 2021 its recommendation that all banks limit dividends,” the central bank said in a statement. “Instead, supervisors ...

Bloomberg The battle to win affluent customers is paying off for American Express Co. The credit-card giant added a record number of new customers to its tony Platinum card in the period. That helped revenue surge 33% to $10.2 billion in second quarter, topping the $9.6 billion average estimate of analysts in a Bloomberg survey. Shares soared to a record. ...

Bloomberg The Bank of Canada will allow most of its employees to work remotely as much as 50% of the time once public health guidelines allow it to fully reopen its offices. A limited number of staff are currently working in the central bank’s offices in Ottawa. The coronavirus pandemic has eased in Canada, with vaccinations rising and cases dropping, ...

Bloomberg The chief executive of Danske Bank said the lender still faces a number of hurdles, including a sluggish retail business, raising questions about management’s ability to live up to long-term profitability targets. Carsten Egeriis, who became CEO in April after his predecessor stepped down due to a money laundering probe, said Danske is still suffering from “reputational issues,” which ...