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Italy to lift travel ban from June 3

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Bloomberg Italy is set to open businesses, while Prime Minister Giuseppe Conte’s government decided to unblock the country’s national borders and allow citizens to move freely within country starting June 3. Italians will be allowed full free movement, according to a government decree published in the early hours of Saturday morning. The statement confirmed that some businesses will reopen May ...

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Coronavirus: France outlook revised to negative by Fitch

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Bloomberg France is at higher risk of a credit downgrade by Fitch after the outlook on the country’s AA rating was revised to negative. Fitch cited the substantial worsening in public finances and economic activity expected this year due to the pandemic. “The combination of much reduced economic activity due to containment measures introduced from March and government policies to ...

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Tesla says it has county nod to reopen plant

Bloomberg Tesla Inc. told employees it received approval to resume operations at its factory after Elon Musk threatened to move the company’s headquarters and future programs following a move by a California county to block the reopening. The company said Alameda County’s interim health officer had approved its Fremont work plan and safe measures, according to an email sent to ...

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