Trump demands Barr investigate Joe Biden’s son

Bloomberg President Donald Trump demanded that Attorney General William Barr open an investigation of former Vice President Joe Biden’s son, just two weeks before Election Day. “We’ve got to get the attorney general to act,” Trump said in a phone interview with the TV show “Fox & Friends,” in response to a question about whether a special prosecutor should be ...

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Russia boosts offer to extend US arms pact

Bloomberg Russia bolstered its offer to the US for a one-year extension to their last remaining nuclear arms treaty on Tuesday by saying it’s ready to freeze its current arsenal. President Donald Trump’s administration rejected a Russian proposal to prolong the New START treaty for 12 months without conditions before it expires in February. It said doing so without capping ...

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China condemns US meeting with ‘Tibet’

Bloomberg China criticised a meeting between the US’s new Special Coordinator for Tibetan Issues Robert Destro and Tibet’s president-in-exile Lobsang Sangay, accusing America of trying to destabilise the region. Destro “violated the commitment and the policy stance of the US side on not supporting Tibet’s independence and not acknowledging this government in exile,” Chinese Foreign Ministry spokesman Zhao Lijian told ...

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UK prepares for first tests to expose people to coronavirus

Bloomberg The first trials to deliberately infect people with the coronavirus to accelerate the development of vaccines could occur in the UK next year as part of an agreement reached by the government. Britain signed a contract with Open Orphan Plc and its London-based unit, hVivo, that paves the way for human challenge trials, the company said on Tuesday. The ...

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India’s Modi urges virus precautions

Bloomberg Prime Minister Narendra Modi said his government will ensure that all 1.3 billion Indian have access to a Covid-19 vaccine as soon it is ready and asked citizens to exercise caution ahead of the country’s traditional festival season to check a spike in infection in the world’s second-worst affected nation. “We have covered a long distance in the fight ...

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EU’s first social bonds prove magnet for record $275bn

Bloomberg The European Union’s (EU) first offering of social bonds was said to receive orders of more than 233 billion euros ($275 billion), a record in the euro area. The bloc looks set to raise 10 billion euros from the sale of 10-year debt via banks, according to a person familiar with the matter. That alone drew orders above 145 ...

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EU may shut door to travel from Canada

Bloomberg The European Union (EU) plans to remove Canada, Tunisia and Georgia from its list of countries whose residents should be allowed to visit the bloc amid the coronavirus pandemic, according to EU officials familiar with the matter. The EU intends at the same time to reopen its doors to travellers from Singapore as a result of improved virus trends ...

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Ireland moves back to lockdown as Europe seeks to defeat virus

Bloomberg Ireland imposed some of the most severe pandemic restrictions in Europe as countries across the region battle to overcome the virus. Non-essential stores and restaurants will be forced to close for at least six weeks, Prime Minister Micheal Martin said. Travel will be further restricted, with people told to stay within 5 kilometers (3.1 miles) of their home. Countries ...

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Swiss watch exports decline by 12%

Bloomberg Swiss watch exports extended their longest decline in about three years as the industry becomes even more dependent on the Chinese market. Shipments fall 12% to $1.76 billion in September, dropping an eighth consecutive month, according to the Federation of the Swiss Watch Industry. Exports to China surged 79%, while falling almost everywhere else. China has been one of ...

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Finance job vacancies in London fall 54% year-on-year

Bloomberg Job vacancies in London’s finance industry slumped 54% in the third quarter compared to 2019 as uncertainty around coronavirus, Brexit and bank profits discouraged hiring. City firms were advertising 3,810 roles in the three months through September, according to data from recruitment firm Morgan McKinley. While this is a fraction of the opportunities available in previous years, the total ...

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