💉 AstraZeneca has approached rival drugmaker Gilead about a potential merger, which would be the biggest health-care deal on record. The two companies are behind the industry’s most prominent responses to the coronavirus pandemic. https://bloom.bg/2BKmVvV

🇭🇰 On the surface, it doesn’t seem like the best time to buy property in Hong Kong. The city’s future is clouded by China’s security law, which has triggered fears of capital flight. But the world’s most expensive real estate market is proving resilient. https://bloom.bg/2MAAxvO

🇳🇿 New Zealand reported zero active virus cases, becoming one of the few countries to eliminate Covid-19. Strict border controls will stay in place to stop its return. https://bloom.bg/3dHFoaD

🌏 Worldwide infections from the coronavirus surpassed the 7 million mark. https://bloom.bg/30ll76E

😷 The prime minister of Sweden was forced to defend his Covid-19 strategy amid signs the government's handling of the pandemic has been fatally flawed. https://bloom.bg/3cFF0b7

🇮🇹 Italy might just be succeeding yet again in shaking off a crisis without having to confront the failings of its economy. https://bloom.bg/2AJNBwd

📈 There isn’t a single down stock in the S&P 500 over the last 10 weeks: https://bloom.bg/2AUFcpF

⬆ U.S. stocks climbed toward a 15-week high and the dollar fell as easing lockdowns bolstered economic optimism: https://bloom.bg/3h5mP27

👛 The first phase of New York City's reopening will help small shops more than national chains: https://bloom.bg/2MBVczI

Hello 👋 Here's what we're reading right now:

📈 Shares of a $26 billion truck company with no revenue just surged 103%. Nikola debuted on the Nasdaq last week. https://bloom.bg/3cRuNss

🇻🇳 The coronavirus has largely leapfrogged Vietnam, but the country’s richest man has a plan to help other countries with ventilator shortages. His company says it can produce as many as 55,000 a month as soon as the government approves them. https://bloom.bg/3f5oSRM

📉 And bitcoin’s recent rally may have run its course. A technical indicator points to a potential slump ahead. https://bloom.bg/30lixNY

😷 Transmission of the coronavirus by people who aren't showing symptoms is "very rare," the World Health Organization said. https://bloom.bg/37eTVYF

💻 Apple is preparing to announce a shift to its own main processors in Mac computers, replacing chips from Intel, as early as this month. https://bloom.bg/30vxEo2

📉 U.S. futures and European stocks slumped as investors worried that global equity markets have run too far, too fast. https://bloom.bg/3faD1NP

After launching earlier this year, Bloomberg Green takes a new step forward with our first magazine edition. Each issue we’ll be exploring the business of climate, listening to thought leaders and understanding how we can create change for the environment. Here are a few stories from our most recent issue we thought you might enjoy:

🌴 Disney spent millions to save a Peruvian rainforest. It hasn’t gone according to plan: https://bloom.bg/2XMAPpO

☔ Australia’s water is vanishing: https://bloom.bg/3f5s3ZH

🌏 26 ways economic growth can be greener: https://bloom.bg/37hs0rm

As a 23-year-old student, Shunji Sugaya turned down $2.8 million from SoftBank to buy his idea.💰

The bet paid off. Now, two decades later, he’s worth about $918 million after starting his own company. Optim, with a market value of about $1.5 billion, is a software company using AI and internet-of-things technologies to provide business-management platforms.

And Sugaya is moving ever closer to joining the ranks of billionaires in Japan — right alongside SoftBank CEO Masayoshi Son.

But he doesn’t really care about the money, Sugaya said.

Keep reading: https://bloom.bg/2ARaFt9

🚨 The OECD painted a grim picture of the global economy and warned of a second virus wave. https://bloom.bg/3hbe7iJ

🇺🇸 Donald Trump's decision to withdraw more than a quarter of the U.S. troops stationed in Germany leaves Angela Merkel exposed at a moment when she's facing growing pressure to get tough with Vladimir Putin. https://bloom.bg/2UvsSTN

✈ Dubai's population could shrink by 10% as expats head home, in a major blow to the economy. https://bloom.bg/3faWGNE

🦠Is a second wave coming? Localized surges in coroanvirus have raised alarms among experts even as they’re masked by the U.S.'s overall case count, which early this week rose just under 1%, the smallest increase since March: https://bloom.bg/2AYseXY

💡The pandemic stalled projects all over the world, but some renewable energy companies saw it coming. Sweden’s $8 billion Markbygden onshore wind farm, is emblematic of an industry that—globally—has weathered the pandemic better than its peers in conventional energy: https://bloom.bg/3hpIQca

📱The story of Twitter's stand against President Donald Trump's tweets: https://bloom.bg/2MOUgYG

📈 “We’re not even thinking about thinking about raising rates.” The Fed will keep pumping stimulus into the U.S. economy until its traumatized labor market has recovered. https://bloom.bg/30uTLuZ

🍲 The pandemic has exposed weak points in the world's food supply chain. Here's how we can avoid a food catastrophe in the future. https://bloom.bg/37mma7K

💴 And a hedge fund manager who nailed the 2015 Chinese stock rout is hoarding cash, in a bet that the U.S.-China power games will escalate. https://bloom.bg/3cTldFp

📉 Global stocks tumbled as fears of a second wave of the virus and a cautious outlook from the Federal Reserve clouded hopes for a speedy economic recovery. https://bloom.bg/3feKUlj

🇺🇸 Fallout from the coronavirus pandemic and mass protests against police brutality have driven down Donald Trump's poll numbers. https://bloom.bg/2YoIdqn

🚘 The surge in Tesla's shares so far this month moved Elon Musk's company even closer to displacing Toyota as the world's most valuable carmaker. https://bloom.bg/37joqga

💻 About 1.5 million Americans applied for unemployment benefits last week. While claims continue to gradually ease, they aren't keeping pace with reopenings: https://bloom.bg/2XSh2oY

🔽 Donald Trump says the U.S. economy will be back and better than ever next year. Federal Reserve Chairman Jerome Powell begs to differ: https://bloom.bg/3hmr8X4

📉 U.S. stocks just tumbled the most in a month: https://bloom.bg/37mkBaf

💰He has no flashy titles and few outside India know his name. But Manoj Modi is the hard-nosed negotiator behind Asia's richest man and a $13 billion deal spree. https://bloom.bg/2UD4uQf

🔇 Twitter has removed tens of thousands of propaganda accounts linked to China, Russia and Turkey. https://bloom.bg/3cR4ToF

🇺🇸 And North Korea accused the U.S. of breaking promises it made at a historic summit two years ago, saying the Trump administration had turned dreams for peace into “a dark nightmare.” https://bloom.bg/3fkVQh5

🇺🇸 Houston-area officials are "getting close" to reimposing stay-at-home orders and are prepared to reopen a Covid-19 hospital established but never used at a football stadium as virus cases expand in the fourth-largest U.S. city.

🚨 "We may be approaching the precipice of a disaster," said Harris County Judge Lina Hidalgo. "It's out of hand right now. The good news is it's not severe out of hand."

😷 The warnings of a worsening outbreak reinforced alarms sounded by national health officials over the risk of a second wave of infections beyond the initial U.S. hot spots led by New York and New Jersey. https://bloom.bg/2UD2EyL

😷 That "second wave" of coronavirus Americans were warned about? It's already here: https://bloom.bg/2C2lWY5

⛔ Donald Trump's immigration order may halt work visa entries until the fall: https://bloom.bg/2AwktbV

📈 U.S. stocks have rebounded from the biggest rout in 12 weeks: https://bloom.bg/3e0zzoA

Hello, here’s what we’re following right now:

✉ Carlos Ghosn always said he was set up. Nissan executives began working to oust him long before his arrest, a previously unreported email trail shows. https://bloom.bg/2zxDcDH

💰 Hong Kong’s rich are preparing for a worst-case scenario as the financial hub struggles with devastating political and economic crises. They’re hedging their bets by opening offshore accounts and applying for new passports. https://bloom.bg/2Atzdsm

🌎 And Morgan Stanley economists are doubling down on a V-shaped global recovery. They estimate output will return to pre-coronavirus crisis levels by the fourth quarter. https://bloom.bg/3d1eSYx

💉 The first Covid-19 vaccines might prevent death and serious illness but not stop infection. https://bloom.bg/2zxEYoe

🚨 The European Union fired a warning shot at China over its global trade ambitions with an unprecedented tariff decision. https://bloom.bg/2N2FqxK

🇺🇸 A U.S. Air Force fighter plane with one pilot on board crashed into the North Sea, AP reports. https://bloom.bg/2Y2JKUc

📉U.S. markets tumbled at the open on fears of a second wave of coronavirus. The dollar gained: https://bloom.bg/2Auo6PX

🐟The $700 million market for imported salmon in China is at risk after the fish was implicated in a new outbreak of coronavirus cases in Beijing: https://bloom.bg/3fs7ZRK

🕹Sony’s video game of the year is about—ahem—a virus apocalypse: https://bloom.bg/3hv2zqL

🇨🇳🇺🇸 China is warming to the idea of Donald Trump being in the White House for four more years.

Lately, the U.S. leader has argued that Beijing is rooting for Democrat Joe Biden in November’s presidential election.

But interviews with nine current and former Chinese officials point to a shift in sentiment in favor of Trump, even though he’s spent much of his presidency blaming China for everything from trade imbalances to Covid-19.

The main reason? It sees the erosion of America’s alliances under Trump as a benefit that would outweigh any damage from trade disputes.

Keep reading: https://bloom.bg/3e5eCsV

North Korea blew up its liaison office with South Korea, Seoul officials said, after Kim Jong Un's regime threatened to move troops into the border region. https://bloom.bg/3fv2zW4

India said at least three of its soldiers have died in a clash with Chinese troops at a section along their unmarked border high in the Himalayas, in the first fatalities resulting from skirmishes in the region in four decades. https://bloom.bg/3d6HHTh

Beijing is ramping up mass testing to determine whether a new coronavirus outbreak in the city warrants the same strict lockdown that shut down large parts of China for months. https://bloom.bg/3hAyUwj