Bloomberg

2021-03-22 15:02:34 The European Union is ready to start withholding Covid-19 shots from the U.K., blocking AstraZeneca from exporting the vaccines and ingredients. The move risks a sharp deterioration in relations with London. https://bloom.bg/2ONhR0L

The pandemic has now locked out children from classrooms for as much as a year in some countries, a loss of learning that will result in long-term economic damage. Here's where kids lost the most school days. https://bloom.bg/2OZlwbA

And President Joe Biden's economic team is determined to make good on his pledge to raise taxes on the rich, emboldened by mounting data showing how well the wealthy did during the pandemic. https://bloom.bg/3c9rVdi Open / Comment

2021-03-22 06:00:11 The Turkish lira plunged as much as 15% following the president’s shock decision to fire the central-bank chief. http://bloom.bg/3vKUrJT

Former Treasury Secretary Lawrence Summers warned the U.S. is suffering from the “least responsible” macroeconomic policy in 40 years, pointing the finger at both Democrats and Republicans. http://bloom.bg/3cUYydJ

WHO scientists are set to release their report on the coronavirus’s origins this week. It’ll likely highlight China’s wildlife trade for food, furs and traditional medicine. http://bloom.bg/2PfKDa9 Open / Comment

2021-03-19 05:15:31 The first high-level talks between the U.S. and China since President Joe Biden took office descended immediately into bickering, with each side sharply criticizing the other over human rights, trade and international alliances. http://bloom.bg/38WWmBf

As China moves to strip media outlets from Jack Ma’s Alibaba, it’s also allowed patriotic influencers like “Chairman Rabbit” to flourish, helping reach people skeptical of Western narratives and state-run mouthpieces. http://bloom.bg/2NvgTp4

Anxiety is running high within Hong Kong’s finance community over the city’s strict quarantine measures. Many want more clarity on policies after an outbreak sent even young children into government centers. http://bloom.bg/2Q9vxTR Open / Comment

2021-03-18 15:00:11 With lender Greensill now in insolvency, industrialist Sanjeev Gupta faces a reckoning. Here's how the entrepreneur built his empire by shuffling cash from one part of his business to another. https://bloom.bg/2P4yLaK

President Joe Biden is poised to meet his goal of delivering 100 million Covid-19 vaccine shots in his first 100 days in office as soon as Thursday, more than a month ahead of time. https://bloom.bg/2NuPDXV

U.S. taxpayers have an extra month to file returns and pay outstanding levies. The Internal Revenue Service is delaying the April 15 tax-filing deadline to May 17. https://bloom.bg/2OKA0ft Open / Comment

2021-03-18 05:30:28 Stocks in Asia followed their U.S. counterparts higher after Fed Chairman Jerome Powell projected interest rates to remain near zero through 2023. http://bloom.bg/3bWAub0

Apple is planning to refresh its iPad Pro line, adding a better processor and improved cameras. The announcement could come as early as April. http://bloom.bg/3vCgCBV

China’s combat drones could spark a global arms race. State-owned AVIC is producing cheaper aircraft — and unlike some manufacturers, doesn’t care how they’re used, an analyst says. http://bloom.bg/3cDzM1G Open / Comment

2021-03-17 14:56:45 At least eight people were killed in shootings at three Asian massage parlors in the Atlanta area, sparking questions about anti-Asian racism in the U.S. https://bloom.bg/3qUQkrc

The EU prides itself on its habit of emerging stronger from crises. Its chaotic vaccine rollout and the controversy over the AstraZeneca vaccine may prove the exception. https://bloom.bg/3tAb21j

Donald Trump became president after stepping away from the company that made him rich and famous. Today Trump’s net worth is down to $2.3 billion from $3 billion four years ago. https://bloom.bg/3qWwlIo Open / Comment

2021-03-17 06:39:45 A Japanese court backs the right to same-sex marriage in a historic ruling, saying preventing such unions is unconstitutional, Kyodo News reports. http://bloom.bg/3bYADep

Billionaire investor Bill Gross made about $10 million betting against GameStop shares. “I got in with options like a good Robinhood trader, I guess,” he said on Bloomberg TV. http://bloom.bg/2NqLzb9

Alibaba’s web browser vanished from China’s largest app stores after CCTV blasted it for failing consumers in its annual name-and-shame program. http://bloom.bg/3eV41Um Open / Comment

2021-03-16 14:23:11 European health ministers will discuss AstraZeneca's Covid-19 vaccine after a growing number of countries suspended its use to examine side effects. https://bloom.bg/3lp4mQK

Paying for the pandemic threatens to reshape the tax landscape for workers in the world’s financial hubs. Here are the places where take-home pay is the highest. https://bloom.bg/3eK73e8

The world's three biggest consumers of coal are getting ready to boost usage — so much that it’ll almost be as if the pandemic-induced drop in emissions never happened. https://bloom.bg/3cAWkjt Open / Comment

2021-03-16 06:15:21 Ray Dalio says bonds may be a bad bet — or any U.S. dollar-denominated asset for that matter. “Rather than get paid less than inflation why not instead buy stuff — any stuff — that will equal inflation or better?” he wrote on LinkedIn. http://bloom.bg/3qVpmiR

Once Asia’s richest man, a Chinese billionaire — whose empire spanned movie theaters to Spanish soccer club Atletico Madrid — is trying to salvage his fortune after losing $32 billion in less than six years. http://bloom.bg/30LojHE

Better Covid vaccines may be coming soon. The World Health Organization’s top scientist says six to eight new immunizations, including ones that don’t require needles, may complete trials and undergo review by the end of the year. http://bloom.bg/30K1y7f Open / Comment

2021-03-15 14:42:06 The drumbeat of bad news continues for AstraZeneca's Covid-19 vaccine. Governments are suspending its use after reports of serious blood clotting, even as regulators say there's no direct link. https://bloom.bg/2PWbc4k

President Joe Biden is planning the first major federal tax hike since 1993 to help pay for his long-term economic program. He's expected to target corporate taxes and capital-gains levies. https://bloom.bg/3eGtyAS

And online payments processing company Stripe is now the most valuable U.S. startup. Stripe's valuation almost tripled in less than a year to $95 billion. https://bloom.bg/2OXURvp Open / Comment