Bloomberg German joblessness slid for a second straight month in June, signaling a robust recovery as falling coronavirus infections allow shops, restaurants and cultural venues to reopen. The decline of 38,000 was almost twice as high as expectations, and put total number of unemployed at 2.69 million. The unemployment rate was 5.9%, matching previous month, which was revised lower. Germany ...

Bloomberg Elon Musk’s satellite network Starlink is on track to beam broadband internet everywhere in the world except the polar regions by August. Space Exploration Technologies Corp has launched more than 1,500 satellites so far and has Starlink operations in about a dozen countries, Musk said during a presentation at the Mobile World Congress conference. That’s costing a lot. SpaceX’s ...

Bloomberg Prime Minister Mario Draghi’s government plans to end a ban on firing workers in manufacturing and construction sectors, removing protections that have been in place since the start of the coronavirus pandemic in a sign of Italy’s recovery. The move threatens to open a rift with some left-leaning parties in Draghi’s coalition. Unions called on the government to extend ...