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in BUSINESSNegative Rates: Amid rising talk of negative rates, policies in Japan, Europe get subtle tweaks
TOKYO/FRANKFURT/WASHINGTON: After years of applying plenty of stick to commercial lenders unhappy with negative interest rate policies, central bankers in the euro zone and Japan are experimenting with some carrot, too. With the coronavirus pandemic ravaging the global economy, the European Central Bank and the Bank of Japan have started paying banks to borrow from […] More
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Netflix lifting bandwidth restrictions across Europe
Due to the high demand for streaming services across the globe in relation to the pandemic lockdown, Netflix, much like most services, had to limit its streaming quality in Europe. Things are returning to normal and Netflix announced that it’s finally easing its bandwidth restrictions. For some time now, the load on the internet infrastructure […] More
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in NEWSBeaches, Parks Busy as Europe Heat Wave and US Spring Test New Coronavirus Rules
People try to keep social distance as they enjoy a warm day during the outbreak of the coronavirus disease (COVID-19) at Domino Park in Brooklyn, New York. (Reuters) As they venture out again, most are keeping their distance and some are wearing masks. However, protests are also heating up from Germany to England to the […] More
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in BUSINESS
Tata Steel Europe: Tata Steel Dutch workers groups blast plans for job cuts
AMSTERDAM: Dutch labour unions and the works council of Tata Steel in the Netherlands on Monday disclosed that the chairman of the subsidiary has been dismissed and vowed to fight against 1,000 proposed job cuts. In a statement, the company’s works council said that Theo Henrar has been dismissed in what they described as an […] More
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in LIFESTYLE
Europe promises to reopen for summer tourism in wake of coronavirus
(CNN) — The world’s biggest tourist playground has been roped off since it became a coronavirus epicenter, but as summer looms Europe is desperate to lift restrictions to get visitors pumping much needed cash into stricken economies. Across the continent, various nations currently sitting behind the firewall of quarantines or sealed frontiers, are figuring out […] More
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in NEWS
Russia is battling coronavirus across 11 time zones. But Moscow and the regions are worlds apart
The Russian capital has been hardest hit. Of Russia’s total of 281,752 confirmed cases, over half — 142,824 — are in Moscow, the country’s coronavirus headquarters said Sunday. But the virus is now spreading across Russia’s regions, an enormous landmass that covers 11 time zones and includes some of the country’s most remote and impoverished […] More
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in NEWS
Europe Should Temporarily Ban Chinese Takeovers, Says Germany’s Manfred Weber
FILE PHOTO: German politician Manfred Weber. (Reuters) Manfred Weber, a senior German conservative and head of the centre-right EPP grouping in the EU Parliament, told Germany’s Welt am Sonntag newspaper that he was in favour of declaring a twelve-month ban for Chinese investors who want to buy European firms. Reuters Berlin Last Updated: […] More
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in NEWS
Dozens of surrogacy babies stranded by coronavirus lockdown in Ukraine, lawmaker says
Lyudmila Denisova, the Ukrainian parliament’s human rights ombudsman, said in a briefing on Thursday that she is working with the country’s Foreign Ministry to help their parents get permits to enter the country, whose borders are shut due to the coronavirus pandemic. BioTexCom, a reproduction clinic, said in a video posted online that 46 babies […] More
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in NEWSSpain coronavirus: Deaths decline as Prime Minister requests state of emergency extension
According to data from the Spanish Health Ministry, 27,563 have now died from Covid-19 in the country, an increase of 104 in the past 24 hours. It is the lowest daily increase since March 17. “While it is painful that people continue to die from coronavirus, the numbers are favorable,” Dr. Fernando Simon, Spain’s Director […] More
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in NEWS
Arrests in Warsaw, London as anti-lockdown protests flare across Europe
Demonstrations took place Saturday in several European cities against restrictions aimed at controlling the spread of the coronavirus, with tear gas used on protesters in Poland and arrests made at a gathering in London’s Hyde Park. Police in several German cities enforced distancing rules as thousands of people gathered to express a mix of frustrations […] More
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in NEWS
Europe promises to reopen for summer tourism in wake of coronavirus
(CNN) — The world’s biggest tourist playground has been roped off since it became a coronavirus epicenter, but as summer looms Europe is desperate to lift restrictions to get visitors pumping much needed cash into stricken economies. Across the continent, various nations currently sitting behind the firewall of quarantines or sealed frontiers, are figuring out […] More
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in SPORTS
Chess World Champion Magnus Carlsen Unveils Online Series With $1 Million Prize Money
Magnus Carlsen (Photo Credit: Reuters) Magnus Carlsen unveiled a series of online chess tournaments with $1 million prize money. Reuters London Last Updated: May 14, 2020, 9:36 PM IST World champion Magnus Carlsen unveiled a series of online chess tournaments with $1 million prize money on Thursday having opted out of […] More
