[ad_1] BRUSSELS (Reuters) – The European Commission next week is likely to present a tool for the euro zone’s ESM bailout fund to fight the effects of the coronavirus epidemic that could unlock unlimited ECB
British banker hit with 14 million euro penalty in German fraud trial
[ad_1] BONN/FRANKFURT (Reuters) – Two British bankers were handed suspended jail terms on Wednesday and one a 14 million euro ($14.97 million) penalty in Germany’s biggest post-war fraud trial of a scam involving multi-billion-euro trades
Germany prepares 150 billion euro emergency budget in coronavirus package
[ad_1] BERLIN (Reuters) – Germany is readying an emergency budget worth more than 150 billion euros ($160 billion) to shore up jobs and businesses at risk from the economic impact of the coronavirus outbreak, the
Exclusive: Amazon raises overtime pay for warehouse workers
[ad_1] FILE PHOTO: Small toy figures are seen in front of diplayed Amazon logo in this illustration taken March 19, 2020. REUTERS/Dado Ruvic/Illustration (Reuters) – Amazon.com Inc (AMZN.O) said on Saturday it is raising overtime
Starbucks closes most U.S., Canada cafes, moves to drive-through
[ad_1] FILE PHOTO: A Starbucks sign is show on one of the companies stores in Los Angeles, California, U.S. October 19,2018. REUTERS/Mike Blake/File Photo (Reuters) – Starbucks Corp said on Friday it will close most
Gin to disinfectant: Belgian distillery joins fight against coronavirus
[ad_1] A person disinfects hands at a Belgian distillery that switches its production from gin to disinfecting alcohol during the coronavirus lockdown, imposed by the Belgian government in an attempt to slow down the spread
UK government plans to buy into airlines – FT
[ad_1] FILE PHOTO: A British Airways plane taxis past parked aircraft near Terminal 5 at Heathrow Airport in London, Britain, March 14, 2020. REUTERS/Simon Dawson (Reuters) – The British government is planning to buy equity
Google launches coronavirus website in the United States
[ad_1] FILE PHOTO: The logo of Google is seen in Davos, Switzerland Januar 20, 2020. Picture taken January 20, 2020. REUTERS/Arnd Wiegmann (Reuters) – Alphabet Inc’s Google said on Saturday it launched a United States-focused
EU executive moves to formalize suspension of EU budget rules
[ad_1] FILE PHOTO: European Union flags fly outside the European Commission headquarters in Brussels, Belgium, February 19, 2020. REUTERS/Yves Herman/File Photo BRUSSELS (Reuters) – The European Union executive moved to formalize an agreement reached by
Panasonic to suspend battery production at Tesla joint venture in Nevada due to coronavirus
[ad_1] A man is seen next to Panasonic Corp’s logo at Panasonic Center in Tokyo, Japan, February 2, 2017. REUTERS/Kim Kyung-Hoon/Files TOKYO (Reuters) – Panasonic Corp said on Saturday it will temporarily suspend production at