The coronavirus outbreak has caused a significant impact on European companies, confronting them with the worst market declines in the last few decades. As one of the most-affected countries in Europe, Germany is set to witness a significant collapse in the business sector. According to data gathered by AksjeBloggen, nearly half...
Conte promises Italians a summer without quarantine "We have formed a working team between the four transport ministers of and we have already drawn up lines of intervention," says the Italian minister. Johnson and Macron agree that travellers between the UK and France do not have to quarantine "Spaniards...
In 1950, Europe was in crisis, still devastated physically and economically by the effects of World War II, and politically searching for a way to ensure that the horrors of the war could never be repeated. Against this dark backdrop, on 9 May, French Foreign Minister Robert Schuman outlined his...
50 Best pivots to focus on a fund-raising drive in partnership with founding donor S.Pellegrino & Acqua Panna, delivering recovery-focused digital content and a major virtual summit in September The organisation behind The World’s 50 Best Restaurants is replacing its annual ranking, awards and related events with a three-pronged...
Global stock markets have responded to the coronavirus outbreak with worrying volatility and sharp price drops, the worst in the last few decades. Despite central banks announcing coordinated efforts to ease the coronavirus effects, the last few months have witnessed the stock market's losses counted in trillions of dollars. The...
EU transport boss should stop 'talking nonsense' on state aid and flight refunds says Ryanair CEO Michael O’Leary as Brussels agrees to relax the rules allowing countries to bail out their national airlines. Related: European Union countries request suspension of airline refund requirement to help companies with cash flow Adina Valean,...
IHS Markit/CIPS survey shows that the UK economy is set for deepest downturn "in living memory" as businesses are crippled by the lockdown which has resulted from the global Coronavirus pandemic. The survey showed that around 79% of services have been negatively impacted as a result of the response to...
Manchester, East Midlands and Stansted airports are set to introduce new regulations this week which require passengers to wear masks and gloves when travelling. In addition, passengers will have to make a health declaration. The rules are being introduced by the airports in order to ensure that air travel is...
Twelve European Union countries have asked to scrap the requirement for airlines to give cash refunds and allow them to issue their customers with travel vouchers instead. The request has been made in order to help airlines with their solvency. Passengers travelling in the EU are protected by regulations which...
McDonald's in talks with some of its UK landlords to reduce rents as the company prepares to re-open restaurants. The company says that it has paid in full for the current quarter but "given the unprecedented situation" it is in negotiations with landlords to see how they could "offer support"...