• Airlines Slam U.K. Quarantine Plan

    Airlines Slam U.K. Quarantine PlanJun.08 — The U.K. is pressing ahead with a two-week quarantine on international arrivals, a move British Airways and other carriers say will devastate tourism. Bloomberg’s Siddharth Philip reports on “Bloomberg Markets: European Open.”

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  • Europe’s Detroit? Pandemic bursts Toulouse aerospace bubble

    Europe's Detroit? Pandemic bursts Toulouse aerospace bubbleBarely three months ago, Serge Dumas had one problem: how to keep up with record demand for the metal fasteners and bolts his small aerospace supply firm manufactures just north of Toulouse. Now, the head of Gillis Aerospace is wondering how to keep his 45 employees busy as Europe’s aerospace capital reels from plummeting jetliner demand caused by the coronavirus crisis. Gillis Aerospace, with annual revenues of 5 million euros, is one of thousands of small to medium-sized firms hurt by the crisis as the French government and private lenders finalise a 1-billion-euro fund to help the sector.

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  • Ardern Says `There Are No Active Cases in New Zealand’

    Ardern Says `There Are No Active Cases in New Zealand'Jun.08 — New Zealand will remove social distancing requirements after reporting zero active cases of Covid-19, indicating it has achieved its aim of eliminating the virus. Prime Minister Jacinda Ardern said Monday at a briefing that all remaining restrictions on people and businesses, other than strict border controls to keep the virus out, will be lifted at midnight tonight, paving the way for a resumption of normal life.

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