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New Zealand’s central bank adds local government debt to stimulus plan
SYDNEY (Reuters) – New Zealand’s central bank on Tuesday said it would buy up to NZ$3 billion ($1.79 billion) of local government debt to ease liquidity strains in the funding market as it moves to cushion the economy from the fallout of the coronavirus pandemic. The Reserve Bank of New Zealand (RBNZ) said the new […]
Exclusive: Vodafone, Telecom Italia offer rivals access to some sites to ease EU concerns – EU paper
By Foo Yun Chee BRUSSELS (Reuters) – Vodafone <VOD.L> and Telekom Italia <TLIT.MI> have offered to allow rivals access to sites in some cities for up to nine years, a proposal aimed at allaying EU antitrust concerns over the creation of Italy’s largest mobile tower company, according to an EU document seen by Reuters. The […]
Pope Francis savages Covid rule breakers who only care about ‘going on holiday’ and ‘fun’
Pope Francis wears a face mask during ceremony in Rome The head of the Catholic Church said he was “saddened” by the news. The Pope made his comments during a weekly noon blessing on Sunday. He spoke from the library of the Vatican’s Apostolic Palace. In his address, Pope Francis said he had read about […]