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White House mulls liability protection for reopening businesses: Trump adviser
WASHINGTON (Reuters) – The Trump administration is considering the possibility of providing liability protection to small businesses that reopen and put their employees back to work as the nation tries to repair the economic damage wrought by the coronavirus, a top White House adviser said on Tuesday. “Liability protection is something we are looking at […]
UniCredit shares fall at open after report Mustier vying for HSBC top job
MILAN (Reuters) – Shares in Italy’s biggest bank UniCredit fell more than 1% at open on Friday following reports Chief Executive Jean Pierre Mustier is being considered for the top job at rival HSBC <HSBA.L>. HSBC this week unveiled a drastic overhaul, the third since the financial crisis, under interim CEO Noel Quinn. Bloomberg News […]
ECB’s de Guindos says coronavirus will put Europe into a recession
MADRID (Reuters) – The impact of the coronavirus outbreak will put Europe into a recession but it should be transitory and the region should be back in positive GDP growth in the second semester, European Central Bank vice president Luis de Guindos said on Sunday. “This impact will be very hard and will place Europe […]