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Italy urges new EU bonds to fight coronavirus crisis
ROME (Reuters) – Italian Economy Minister Roberto Gualtieri said on Friday that European Union bonds are needed to fight the coronavirus emergency hobbling the bloc’s economies. “We should foresee the issue of European securities that can be used by each country under the same conditions and must be related to the fight against coronavirus and […]
Cathay Pacific to lay off overseas cabin crew, furlough pilots
By Jamie Freed SYDNEY (Reuters) – Hong Kong’s Cathay Pacific Airways Ltd <0293.HK> will lay off 286 cabin crew based in the United States and furlough 201 pilots based in Australia and Britain, it said on Friday, as the coronavirus pandemic has virtually halted global travel. The carrier has grounded most of its planes because […]
Prosecutors quit as Justice Department seeks shorter sentence for Trump ally
(This February 11 story corrects spelling of Lynn Neils, paragraph 21) By Sarah N. Lynch WASHINGTON (Reuters) – Under pressure from President Donald Trump, the U.S. Justice Department on Tuesday abruptly moved to seek a shorter prison sentence for veteran Republican operative and long-time Trump adviser and friend Roger Stone, and all four prosecutors quit […]