Bloomberg Venezuelan lawmakers close to opposition leader Juan Guaido are calling on him to fire some of his aides following a botched raid on the country earlier this week. Lawmakers from the main opposition parties want him to dismiss Juan Jose Rendon, the commissioner for general strategy, and Sergio Vergara, the commissioner for crisis management, six people familiar with the ...

Bloomberg The drugmaker behind one of China’s most promising coronavirus vaccine candidates is in talks to conduct late-stage trials globally as the race for immunisation against Covid-19 intensifies. Beijing-based Sinovac Biotech Ltd is in discussion with regulators in other countries, and the World Health Organization (WHO), to launch phase III clinical trials in regions where the novel coronavirus is still ...

Bloomberg The US government tightened visa rules for Chinese journalists in the latest retaliatory measure in an ongoing spat between the two countries over media access. The regulation will limit visas for Chinese journalists to a 90-day period, while allowing them to apply for extensions, according to a statement from the Department of Homeland Security. Previously, the reporters were permitted ...

Bloomberg Euro-area finance ministers agreed to allow the region’s bailout fund to extend credit lines to each of the bloc’s governments on concessionary terms, paving the way for countries including Italy to draw cheap liquidity amid an unprecedented spending spree. The deal struck at a video conference on Friday forms a key part of the bloc’s response to the crisis ...

Bloomberg The International Monetary Fund (IMF) said that the global economic outlook has worsened since its latest forecast three weeks ago and the world can expect more waves of financial-market turbulence. Developing nations’ external financing needs probably will be far above the $2.5 trillion that the IMF has previously projected, Chief Economist Gita Gopinath said in a webcast hosted by ...

Bloomberg Mobile phone applications that trace the new coronavirus could help decide whether business travellers and vacation-goers get to meet clients or visit their favourite beaches this summer. But politics and disagreement over what system to use threatens to thwart that solution. Governments in Europe and elsewhere are turning to voluntary mobile apps to help trace possible infections of the ...

Bloomberg The UK’s contact-tracing mobile phone app includes code that could allow authorities access to a user’s detailed location data and to send information to Microsoft Corp. and Alphabet Inc.’s Google, according to an initial technical analysis carried out by Privacy International. Like governments around the world, the UK is developing a voluntary mobile app that uses Bluetooth technology to ...

Bloomberg Facebook Inc. users asked a judge to approve a $550 million settlement in their class-action lawsuit that claimed the social-media giant illegally gathered biometric data through a photo-tagging tool. The class members will get from $150 to $300, or between 15% and 30% of the possible recovery on an individual claim, according to their lawyers. The settlement provides “excellent ...

Bloomberg Automakers won’t have to recall roughly 56 million more air bag inflators made by the now-defunct Takata Corp., the US National Highway Traffic Safety Administration (NHTSA) said, citing industry test data the agency said showed the parts won’t pose danger. The agency and an industry group will monitor safety of those Takata air bag inflators, which contain a moisture-absorbing ...

Bloomberg Honda Motor Co. will resume operations at its vehicle and auto-parts factories in the US and Canada starting on May 11, joining a caravan of other carmakers restarting North American production this month for the first time since mid-March. The Japanese automaker said it will gradually ramp up output and stagger its reopening to allow workers to get used ...