Bloomberg Europe’s consumer-facing companies face a critical choice for when the pandemic passes: should they exploit the expected pickup in business by raising prices? There’s likely to be a rush to hairdressers, restaurants and tourism agencies reopening when virus curbs end, fueled by pent-up demand and a hoard of cash accumulated after more than a year of forced saving. Some ...

Bloomberg The European Union (EU) unveiled several programs aimed at boosting the bloc’s civil, space and defense industries, including a low-earth orbit satellite infrastructure to rival Elon Musk’s Starlink network. The push will aim to provide reliable, secure and cost-effective connectivity for governmental and commercial communications, as well as high-speed broadband throughout Europe, the European Commission said on Monday. The commission ...

Bloomberg Italian Prime Minister Mario Draghi has extended a ban on movement between the country’s 20 regions for another month — until late March — as his new government tries to step up a vaccination campaign to counter the pandemic. A cabinet meeting chaired by Draghi prolonged travel curbs between regions until March 27 and maintained a 10 p.m. curfew, ...