Bloomberg Singapore closed two shopping malls on the western part of the island for two weeks after 10 recent Covid-19 infections were linked to the properties. “Our epidemiological investigations have found that there is likely ongoing transmission among individuals who visited these malls,” the Health Ministry said in a statement. “To break any potential chain of transmission and enable deep ...

Bloomberg Genesco Inc appointed three new directors as the shoe company tries to fend off an activist investor seeking to take control of the board. The owner of footwear retailers such as Journeys and Johnston & Murphy said it appointed former Deckers Brands Chief Executive Officer Angel Martinez, Valvoline Inc executive Mary Meixelsperger and Greg Sandfort, the former CEO of ...

Bloomberg Russia dismissed European Union (EU) and US outrage at the forced landing of a Ryanair Holdings Plc plane in Minsk by Belarusian authorities who arrested a journalist on board. The European Union will consider further sanctions against President Alexander Lukashenko’s administration when its leaders meet for dinner in Brussels for the start of a two-day summit. The EU was ...

Bloomberg US Secretary of State Antony Blinken will travel to the Middle East, President Joe Biden said, as the US continues to try to cement a fragile cease-fire that ended renewed conflict in Gaza. Biden announced the trip in a written statement on Monday morning, tasking Blinken with building ties with both Israelis and Palestinians. Blinken will visit Jerusalem, Ramallah, ...

Bloomberg The US imposed “wide-ranging” economic sanctions against Ethiopia to push the African nation led by a Nobel laureate to end violence in Tigray that has killed thousands of people and displaced hundreds of thousands more. Visas to government and military officials from Ethiopia and its neighbour Eritrea, which is also involved in the violence in Tigray, will be restricted, ...

Bloomberg Myanmar’s detained civilian leader Aung San Suu Kyi vowed her pro-democracy political party would continue its work despite being slated for dissolution in her first public appearance since her government was overthrown in a military coup. In a message passed to her lawyers ahead of a court appearance in the capital Naypyidaw on Monday, she said the National League ...

Bloomberg China accused the US of promoting theories that the coronavirus escaped from a high-security lab in Wuhan, as a fresh report about sick workers at the facility prompted Beijing to reaffirm denials. “The report that you mentioned about three people getting sick, that is not true,” Foreign Ministry spokesman Zhao Lijian told a regular briefing on Monday in Beijing. ...

Bloomberg Credit Suisse Group AG is considering special retention bonuses for top performers after the Greensill Capital and Archegos Capital Management scandals rocked the Swiss lender and set off a wave of departures. The firm’s top executives and board of directors are weighing moves to keep top performers — both junior employees and veteran rainmakers — after the incidents hit ...

Bloomberg European Central Bank (ECB) President Christine Lagarde played down the possibility of a major change away from the current stimulus settings when policy makers meet next month. “It’s far too early and it’s actually unnecessary to debate longer-term issues,” Lagarde said at a news conference in Lisbon, responding to a question on whether Europe’s economic rebound may lead the ...

Bloomberg China’s central bank said it will maintain the exchange rate of the yuan at “basically stable” levels after recent comments by its officials who suggested the currency be allowed to appreciate and authorities should eventually let up on controlling it. The future trend of the exchange rate will be decided by supply and demand, as well as changes in ...