Turkey revokes experience requirement for central bank deputy governor
NMC's UAE entity weighing Abu Dhabi option for restructuring: sources
Britain to spend 705 million pounds on EU border infrastructure
Federer-backed sports shoe maker On preparing for IPO, Swiss paper says
France's Engie to designate new CEO in September: newspaper
Abu Dhabi fund suspends debt service repayments for countries, companies
Irish central bank governor sceptical about VAT cut
DUBLIN (Reuters) - Ireland's central bank governor is sceptical about a cut to VAT under consideration by government to help boost the economy, saying on Sunday that it should not be the main measure of a stimulus plan due later this month. "I'm ...
Bank of Israel sees 2020 budget deficit 13% of GDP, backs new aid package
JERUSALEM (Reuters) - Bank of Israel Governor Amir Yaron on Sunday threw his support behind a second stimulus package to help those hurt by the coronavirus outbreak despite the extra spending that is expected to boost budget deficits in the next two ...
German meatpacker under fire for requesting government support after COVID-19 outbreak
BERLIN (Reuters) - The German meat processing company whose plant was at the centre of a COVID-19 outbreak that forced the authorities to reimpose a local lockdown came under fire from politicians on Sunday for requesting government support to cover ...
Dubai announces new coronavirus economic support worth over $400 million
DUBAI (Reuters) - Dubai has announced a new package worth 1.5 billion dirhams ($408 million) to help the economy cope with the effects of the coronavirus pandemic, the crown prince of the emirate, Hamdan Bin Mohammed Al-Maktoum, said on Twitter on ...
Exclusive: Italy pushes to end stalemate over single broadband network - source
By Giuseppe Fonte ROME (Reuters) - Italy has told state-controlled utility Enel to reach a deal with Telecom Italia by the end of July on plans to create a single broadband network for the country, a person close to the matter told Reuters on ...
Ubisoft announces staff departures after misconduct allegations
(Reuters) - French video games group Ubisoft announced several staff departures on Saturday after conducting a review in response to allegations of misconduct at the company, which earlier reports said centered around sexual misconduct charges. The ...
Germany could take further public stakes in companies: minister
BERLIN (Reuters) - Germany will take further stakes in companies threatened by the coronavirus crisis, Economy Minister Peter Altmaier said, adding that "probably a few dozen" firms might follow airline group Lufthansa in passing into partial state ...
UK plans to create 'freeports,' cut taxes: Sunday Telegraph
LONDON (Reuters) - British finance minister Rishi Sunak is preparing to introduce sweeping tax cuts and an overhaul of planning laws in up to 10 new “freeports” within a year of the UK's becoming fully independent from the European Union in December, ...
Tesla slashes Model Y SUV price as pandemic weighs on auto sector
(Reuters) - Tesla Inc cut the price of its sport utility vehicle Model Y by $3,000, just four months after its launch, as the U.S. electric carmaker seeks to maintain sales momentum in the COVID-19 pandemic. The reduction follows price cuts in May ...
Chinese electric vehicle maker Li Auto files for U.S. listing
BEIJING (Reuters) - Chinese electric vehicle (EV) maker Li Auto Inc, backed by food delivery giant Meituan Dianping <3690.HK>, has filed for a U.S. initial public offering. The move, announced on Friday, comes as share prices of EV makers including ...