A Tumi store is closed and cleared of items, as

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A Tumi store is closed and cleared of items, as retail sales suffer record drop during the outbreak of the coronavirus disease (COVID-19) in New York City, New York, U.S., April 15, 2020. REUTERS/Bryan R Smith

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Czech PM would allow higher 2020 budget deficit if slowdown worsens

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PRAGUE (Reuters) – The Czech government could allow the 2020 central state budget deficit to grow beyond a planned 40 billion crown ($1.77 billion) gap to boost investments if a slowdown worsens, Prime Minister Andrej Babis told Czech Television on Wednesday. Babis’ government is planning higher spending in the 2020 budget for pension and public […]
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Daimler in talks for 10 billion euro credit line: Bloomberg

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FRANKFURT (Reuters) – Daimler <DAIGn.DE> is in talks with lenders for a credit facility of at least 10 billion euros ($11.03 billion) to help the car company cope with the coronavirus outbreak, Bloomberg reported on Thursday. Bloomberg, citing unnamed people familiar with the matter, reported that an announcement on the final amount could come as […]
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Emmanuel Macron issues plot for EU army to ‘unite’ and stand up against Russia and Turkey

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We will use your email address only for sending you newsletters. Please see our Privacy Notice for details of your data protection rights. In a bold statement on Tuesday, Clement Beaune claimed Brussels should develop the tools needed to take on any enemy powers in the future. Highlighting the need for an EU army or […]