Bloomberg Sweden’s governing Social Democrats remain in a strong position, despite mounting criticism over their handling of the coronavirus crisis, according to a poll on Saturday. The party had the support of 30% of voters, compared with a reading of 31.7% in May, according to the poll by Sifo in newspaper Svenska Dagbladet. That difference is within the poll’s margin ...

Bloomberg Venezuela’s Supreme Court appointed five new members to the country’s Electoral Council, most of them loyal to Nicolas Maduro’s regime, in an accelerated approval process that bypassed the National Assembly. By unilaterally designating the new officials, Maduro is seeking to firm up control over the electoral system ahead of December’s congressional elections. The move is a setback for the ...

Bloomberg UK Home Secretary Priti Patel has condemned the boarding up of key public statues in London ahead of anti-racism protests on Saturday and urged demonstrators to stay at home. Patel used an interview with the Daily Mail to accuse the city’s mayor, Sadiq Khan, of mishandling the few subversive protesters and called for the statue of former Prime Minister ...

Bloomberg Singapore dengue infections may top 1,000 this week, setting a record, the Straits Times newspaper reported. Cases for the year may exceed the all-time high of 22,170 set in 2013, the paper said, citing Amy Khor, the senior minister of state for the environment and water resources, and for health. Khor said the threat of dengue must be taken ...

Bloomberg US lawmakers proposed an estimated $25 billion in funding and tax credits to strengthen domestic semiconductor production and counter rising technological competition from China. The effort would support companies building plants in the US and buying chipmaking equipment, while sponsoring research and development into “cutting edge semiconductor” production, according to information provided by the office of Representative Michael McCaul, ...

Bloomberg Argentina extended a deadline for creditors to accept a debt restructuring proposal for the fourth time as creditors and the government edge closer towards a deal. The country will push back the deadline for creditors to accept a debt restructuring offer by one week until June 19, according to an economy ministry statement. Argentine Economy Minister Martin Guzman said ...

Bloomberg The UK economy shrank a record 20.4% in April as businesses and workers reeled under the lockdown designed to control the coronavirus pandemic. The contraction means the nation has effectively seen almost 18 years of growth wiped out in two months. While a rebound is likely as businesses start to reopen, the grim figures will increase the pressure on ...

Bloomberg Twitter Inc. reinstated the account of Zero Hedge after suspending it earlier this year, saying it made a mistake in accusing the libertarian financial website of violating rules against harassment. “We made an error in our enforcement action in this case,” a spokesperson for Twitter said. “Based on additional context from the account holder in appeal, we have reinstated ...

Bloomberg US consumer sentiment climbed in early June by the most since 2016 as more states began to reopen their economies and employers restored jobs. The University of Michigan’s preliminary sentiment index increased 6.6 points to 78.9, according to data. The median projection in a Bloomberg survey of economists called for a gain to 75. Even with the improvement, the ...

Bloomberg Inmarsat Group Holdings Ltd. says it’s found a way to safely fly civil drones over long distances, a step that may help pave the way for mass adoption by industries from transportation to energy and infrastructure. Current rules mean most non-military users have to keep drones where they can see them and can only operate one at a time ...