German Risk Level Cut; Variants Get Greek Letters: Virus Update Bloomberg 1 hr ago Bloomberg News (Bloomberg) -- The World Health Organization announced a plan to name coronavirus variants using the Greek alphabet, aiming to make it easier for the general public to discuss them. Germany cut its risk level to “high” from “very high” in a further sign that the pandemic is loosening its grip on Europe’s largest economy. Bank of America Corp. plans to bring all staff in Hong Kong and mainland China back to the office by the end of June, making it one of the first global lenders in the Asian financial hub to push for a full return.