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April 16, 2021

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German COVID-19 cases jump by most since early January

Reuters
BERLIN (Reuters) – The number of confirmed coronavirus cases in Germany jumped on Thursday by 29,426 to 3.073 million, the biggest increase since Jan. 8 as the government seeks to push through tougher nationwide curbs to try to contain a third wave of the virus. The reported death toll rose......

EU Commission to end AstraZeneca and J&J vaccine contracts at expiry – paper

Reuters
MILAN (Reuters) – The EU Commission has decided not to renew COVID-19 vaccine contracts next year with AstraZeneca and Johnson & Johnson (J&J), Italian daily La Stampa reported on Wednesday, citing a source from the Italian health ministry. “The European Commission, in agreement with the leaders of many (EU) countries,......

Erdogan says turkey remains committed to full EU membership

Reuters
FILE PHOTO: Turkish President Tayyip Erdogan gives a statement after a meeting in Ankara, Turkey, April 5, 2021. Murat Cetinmuhurdar/PPO/Handout via REUTERS ANKARA (Reuters) – President Tayyip Erdogan said on Tuesday that Turkey remains committed to full membership in the European Union, for which it is a candidate country despite......

Italy prepares new 40 bln euros economic stimulus package – source

Reuters
ROME, April 12 (Reuters) – Italy’s government is preparing a new stimulus package worth around 40 billion euros ($47.60 billion) to support its coronavirus-battered economy, a source close to the matter said on Monday. The extra borrowing will probably push this year’s budget deficit above 10% of gross domestic product......

EDF restructuring talks not ‘bogged down’, CEO says

Reuters
FILE PHOTO: The company logo for Electricite de France (EDF) is seen in Paris, France, March 2, 2021. REUTERS/Benoit Tessier PARIS (Reuters) – Talks with the European Commission on restructuring EDF are not stuck and the French firm remains on track to start operating its next-generation nuclear reactor at Flamanville......

EDF chief executive says restructuring talks “not at all bogged down”

Reuters
PARIS, April 10 (Reuters) – Negotiations over the restructuring of French state-run utility EDF are not stuck and near daily discussions between Paris and the European Commission continue, chief executive Jean-Bernard Levy said on Saturday. “(The negotiations) are not at all bogged down,” Levy told France Inter radio. The restructuring......

Djibouti president seen winning fifth term in election

Reuters
NAIROBI, April 9 (Reuters) – Voters head to the polls on Friday in the tiny but strategically important Horn of Africa nation Djibouti, with President Ismael Omar Guelleh widely expected to win a fifth term and extend his 21-year-long rule. Djibouti lies on one of the world’s busiest shipping routes,......

ACS interested in buying “significant” stake in Atlantia’s motorway unit – source

Reuters
FILE PHOTO: A view of the Autostrade per l’Italia headquarters in Rome, Italy, July 21, 2020. REUTERS/Yara Nardi/File Photo MILAN (Reuters) -Spanish infrastructure group ACS has sent a letter to Atlantia expressing interest in buying a “significant stake” in the Italian group’s motorway unit, a source with knowledge of the......

Germany sticks to recommendation on vaccine switch after first Astra dose

Reuters
FILE PHOTO: A vial with AstraZeneca’s COVID-19 vaccine is prepared during a vaccination of teachers and nursery teachers, amid the spread of the coronavirus disease (COVID-19), in Grevesmuehlen, Germany, March 5, 2021. REUTERS/Fabian Bimmer BERLIN (Reuters) – Germany’s vaccine commission stuck to its recommendation on Thursday that people aged under......

Northern Ireland riots must stop before someone killed: Ireland’s Coveney

Reuters
FILE PHOTO: Irish Foreign Minister Simon Coveney in Berlin, Germany, December 11, 2020. REUTERS/Fabrizio Bensch/Pool/File Photo DUBLIN (Reuters) – Nightly outbreaks of street violence in Northern Ireland must stop before somebody is killed, Irish Foreign Minister Simon Coveney said on Thursday, calling on the region’s political and community leaders to......

French Open postponed to May 30 amid COVID-19 crisis

Reuters
FILE PHOTO: Tennis – French Open – Roland Garros – Paris, France – 23/05/16. Roland Gorros logo. REUTERS/Benoit Tessier PARIS (Reuters) – This year’s French Open tennis tournament has been postponed by a week due to the COVID-19 pandemic and will begin on May 30, the French Tennis Federation (FFT)......

Swiss luxury watchmakers learn to love the pre-owned market

Reuters
ZURICH, April 7 (Reuters) – Swiss luxury watch brands have long considered the market for pre-owned watches as a potential threat to their business, but now their view is shifting as they see it can provide valuable insights into pricing and demand. Initially seen as cannibalising sales of new watches,......

Europe’s STOXX 600 hits record high on global recovery optimism

Reuters
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) April 6 (Reuters) – Europe’s benchmark equity index hit a record high on Tuesday, recovering all of its pandemic-driven losses as investors bet on a speedy global economic recovery,......

UPDATE 1-Kenya Airways suspends flights to United Kingdom

Reuters
(Adds detail, background) NAIROBI, April 5 (Reuters) – Kenya Airways will suspend flights to the United Kingdom effective April 9, the airline said in a statement. The announcement comes days after Britain said it would add Kenya to its travel “red list”. Those arriving in the United Kingdom from countries......

France lifts 2021 deficit, debt forecasts

Reuters
FILE PHOTO: French Economy and Finance Minister Bruno Le Maire speaks during a press conference to present the details of new restrictions aimed at curbing the spread of the coronavirus disease (COVID-19), announced the day before by the president, in Paris, France, October 15, 2020. Ludovic Marin/Pool via REUTERS/File Photo......

Dutch PM Rutte censured but survives no-confidence vote

Reuters
By Bart H. Meijer, Toby Sterling AMSTERDAM (Reuters) – Dutch Prime Minister Mark Rutte’s chances of forming a new government were dealt a serious blow on Friday, as parliament passed a formal motion of disapproval, saying he had not told the truth about remarks made during government formation talks. Dutch......

Euro zone inflation bounce masks weak trend: Lane

Reuters
FRANKFURT (Reuters) – The surge in euro zone inflation is driven by transient factors but underlying trends remain weak, so the European Central Bank needs to maintain copious support for the economy, ECB chief economist Philip Lane said on Thursday. FILE PHOTO: European Central Bank Chief Economist Philip Lane speaks......

French consumer morale unexpectedly strong in March despite COVID-19 curbs

Reuters
FILE PHOTO: A woman, wearing a protective face mask, walks with her shopping trolley in a street in Cambrai before new lockdowns imposed during a month-long on Paris and parts of the north after a faltering vaccine rollout and spread of highly contagious coronavirus disease (COVID-19) variants in France, March......

France, EU close to a deal on Air France bailout: minister

Reuters
FILE PHOTO: The first Air France airliner Airbus A350 prepares to take off after a ceremony at the aircraft builder’s headquarters in Colomiers near Toulouse, France, September 27, 2019. REUTERS/Regis Duvignau PARIS (Reuters) – France and the European Union are close to a deal on a bailout for Air France,......

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