EURTOP
- ECONOMY
Once the World’s Busiest Port, London Aims to Revive Its River Trade Roots
Cathryn Spain spends most of her workdays motoring up and down the River Thames, a senior harbor master making sure goods…
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Total and Equinor Are Said to Exit Venezuela Oil Joint Venture
(Bloomberg) — French oil company TotalEnergies SE and Norway’s Equinor ASA are exiting a key venture in Venezuela, adding to…
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Republicans Threaten to Oppose Treasury Picks Over Nord Stream 2
(Bloomberg) — Senator Pat Toomey and 11 other Republicans on the Senate Banking Committee are threatening to block two Treasury…
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South Korea, Thai Case Record; Sydney Lockdown: Virus Update
(Bloomberg) — South Korea and Thailand both announced record daily infections as the coronavirus continues to spread in Asia. Sydney’s…
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Rails, Nails and Bails Win Over the Olympic Spirit
(Bloomberg Opinion) — The International Olympics Committee has won some street cred after a handful of new sports immediately captured global attention.…
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Passports for Pubs, Mandatory Shots: Europe Ramps Up Covid Fight
(Bloomberg) — Covid-19 vaccination rates are rising across Europe, restaurants and bars are reopening, people are traveling for work and leisure, and…
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Fauci Warns on Path of Covid; Nations Set Curfews: Virus Update
The top U.S. infectious disease expert, Anthony Fauci, warned that the nation is moving in the “wrong direction” in combating…
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The World’s Cascade of Disasters Is Not a Coincidence
(Bloomberg Opinion) — “It never rains, but what it pours,” sang Judy Garland to Mickey Rooney in 1938, memorably describing…
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Australia’s Pfizer Deal; U.K. Premier League Plans: Virus Update
Australia has secured an additional 85 million doses of the Pfizer-BioNTech vaccine for delivery from next year and is continuing…
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London’s Delta Surge Should Jolt New York
(Bloomberg Opinion) — London is in a precarious position when it comes to Covid-19. Remaining restrictions were recently lifted in the city along with the…
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Wild Superyacht Secrets I Learned When I Became a Deckhand
(Bloomberg Businessweek) — At a shipyard in the Netherlands—the world’s megayacht maternity ward—the largest vessel of its kind is being…
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‘Climate Chancellor’ Merkel Leaves Germans Flooded and Frustrated
(Bloomberg Markets) — Angela Merkel’s slow-motion departure from the German political stage took an ironic turn in April as the…
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Raytheon CEO Says ‘Speed Trumps Stealth’ in Hypersonic-Weapon Era
(Bloomberg Businessweek) — Raytheon merged with United Technologies to create a $123 billion aerospace and defense behemoth just as the…
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U.K. Government Borrowing Pressures Eases as Economy Rebounds
(Bloomberg) — The U.K. borrowed less than officials forecast in the first three months of the fiscal year as an…
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London Staff Want Big Pay Rises to Return to Office, Survey Says
(Bloomberg) — London office workers want an average pay rise equivalent to the cost of some annual railway season tickets…
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J&J Jab Efficacy; Delta Now 83% of New U.S. Cases: Virus Update
(Bloomberg) — One dose of Johnson & Johnson’s Covid-19 vaccine is much less effective against the delta and lambda variants…
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SoftBank Backs Food Delivery App Swiggy’s $1.25 Billion Funding
Global investors have flocked to India’s nascent startup ecosystem, just as the bulk of the country’s 625 million smartphone users…
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Israel’s New Covid Strategy Is Cruel to Be Kind
(Bloomberg Opinion) — Naftali Bennett began his term as Israel’s new prime minister praising his predecessor for the successful Covid…
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Boris Johnson’s Trucker Troubles Turn Into a Business Nightmare
(Bloomberg) — When Helen Wang’s Abakus Foods is ready to ship its seaweed crisps — stocked in the likes of…
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Bill Ackman Was Too Clever for His Own Good
(Bloomberg Opinion) — Bill Ackman wasn’t content just to raise the largest SPAC ever — the $4 billion Pershing Square Tontine…
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Gauff Out of Olympics; Social Media Criticized: Virus Update
(Bloomberg) — Tennis player Coco Gauff tested positive for Covid-19, ruling her out of representing the U.S. at the Olympics…
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Social Media Criticized; Tokyo Athletes Infected: Virus Update
U.S. senator Amy Klobuchar demanded that social media platforms be held liable for spreading misinformation about Covid-19 vaccines, a day…
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U.S. Cases Triple; Biden Says Misinformation Kills: Virus Update
The U.S. is headed for its worst day of new infections since mid-April, almost tripling from the day before. “The…
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U.K.’s Office Workers Set to Stay Home as Reopening Falls Flat
(Bloomberg) — On Monday, England’s white-collar workers will be free from government guidance telling them to work from home. Few…
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Why Ukraine Lives Rent-Free in Putin’s Head
(Bloomberg Opinion) — Ukraine may rarely be on the front pages anymore, but it remains one of the world’s most…
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Biden Keeps Travel Ban on Europeans Despite Pleas to Ease It
(Bloomberg) — European governments are growing increasingly frustrated with the Biden administration for refusing to lift travel rules that prevent…
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Grim Argentine Landmark; U.S. Overdose Deaths Soar: Virus Update
(Bloomberg) — The death toll from Covid-19 topped 100,000 in Argentina, which recorded 614 fatalities on Wednesday. Ten other countries…
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Italy Seeks Options for Paschi as UniCredit Deal in Doubt
(Bloomberg) — Italy is seeking alternative options to sell Banca Monte dei Paschi di Siena SpA as a deal with…
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India Hunger Crisis; Surge in Greek, Dutch Cases: Virus Update
(Bloomberg) — India is facing a hunger crisis after Covid lockdowns forced job losses, more than 15 million alone in…
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Lone Star Agrees to Buy CVC’s Chemical Firm AOC for $2.4 Billion
(Bloomberg) — Private equity firm Lone Star Funds has agreed to buy chemicals company AOC from buyout firm CVC Capital…
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World’s Largest Airport Refinances Debt in Record Turkish Deal
(Bloomberg) — The operator of Istanbul’s new airport, set to be the world’s largest when completed in 2023, secured the…
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J&J Shot Warning on Rare Disorder; U.S. Cases Soar: Virus Update
(Bloomberg) — U.S. regulators added a warning to Johnson & Johnson’s vaccine after a rare immune-system disorder was reported in…
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EU to Press Ahead on Carbon Tax That IMF Criticizes: G-20 Update
(Bloomberg) — Finance ministers from the Group of 20 nations aimed to deliver momentum to the global effort on climate…
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England’s Soccer Team Is a Vision of Modern-Day Patriotism
(Bloomberg Opinion) — England has progressed to its first major soccer tournament final in 55 years. Having shrugged off a…
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G-20 Warns on Variants as Global Outbreak Worsens: Virus Update
New variants of the coronavirus and an uneven pace of vaccination could undermine a brightening outlook for the world economy,…
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Swiss See Opening for Tax Competition as G-20 Talks Advance
(Bloomberg) — Global proposals to make multinational corporations pay more tax haven’t yet tackled deductions, leaving Switzerland and other low-tax…
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How England’s Journey of Redemption Swallowed My Life
(Bloomberg Opinion) — “This too shall pass” runs the aphorism of the Eastern sages, expressing the essential truth of the human…
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The ECB Shift on Inflation Is in the “Whatever It Takes” Spirit of Draghi
The changes bring the 19-country bloc to a place that the Federal Reserve, Bank of Japan and others already occupy:…
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U.K.’s Boris Johnson Didn’t Break Rules Over Luxury Trip to Mustique
(Bloomberg) — U.K. Prime Minister Boris Johnson did not breach parliamentary rules over the declaration of his luxury holiday to…
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The Life and Suspicious Death of Cachou the Bear
(Bloomberg) — Ivan Afonso checked his computer one last time before picking up the phone. It was April 2020, and…
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Sydney Extends Lockdown; U.K. Warns on Surge: Virus Update
(Bloomberg) — Sydney extended a lockdown that was due to end Friday for another week to stem the latest Covid-19…
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Who Gets Left Holding the Digital-Dollar Fad?
(Bloomberg Opinion) — Is the idea of a digital dollar just a fad — like the 1980s craze with parachute pants that became synonymous…
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U.K. Warns on Surge; Factory Sleepovers in Vietnam: Virus Update
(Bloomberg) — The U.K. will relax self-isolation requirements for fully vaccinated people, even as health officials warn that getting back…
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Nordic Region, Arctic Circle Feel the Heat as Brutal Summer Hits
(Bloomberg) — Record-high temperatures from Canada to Scandinavia and intense wildfires flaring up from California to Russia’s Far East are adding…
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From Mine to Wedding Finger: Russian Diamond Track and Trace
(Bloomberg) — Russia’s Alrosa PJSC is offering diamond buyers a new laser-marking technology that will allow customers to trace rough…
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Latest Big Hack Highlights a Robust Software Model
(Bloomberg Opinion) — The centralized software management model is once again under a spotlight after hackers exploited a vulnerability at one vendor,…
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Biden Hails Success; Seoul Won’t Relax Mask Rules: Virus Update
President Joe Biden all but announced an end to the pandemic in the U.S., celebrating what he called a “heroic”…
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N.Y. Rates Creep Up; Corporate Travel Rebounding: Virus Update
The share of people in the U.S. who are unlikely to get vaccinated is bigger than in April, a poll…
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Delta Variant Creates Emerging Markets Gap as Outperformers Hit
(Bloomberg) — A handful of emerging-market currencies have held onto gains versus the dollar this year. That list may shrink…
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It’s the Beginning of the End of Easy Money
Central banks are starting to tip-toe away from the emergency stimulus they deployed to fight the pandemic-driven global recession. Federal…
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