Bloomberg The operator of the London Underground is in talks on a 2 billion-pound ($2.5 billion) state bailout as coronavirus restrictions curtail travel in the UK capital, the Sunday Times reported. Transport for London (TfL), which also oversees bus services, will likely have to delay or scrap major expansion plans in return for the funding, the newspaper said, without giving ...

Bloomberg President Donald Trump’s top economic advisers had argued that a “safe” reopening of the US is the needed urgently as they stare down the worst job numbers since the Great Depression. Meanwhile, although Trump has said he’s in no rush to enact another round of economic stimulus, the economic team said informal discussions are under way with members of ...

Bloomberg Germany will broaden its economic aid to more areas including arts to help them weather the fallout from the coronavirus, the Tagesspiegel newspaper cited Finance Minister Olaf Scholz as saying in an interview. “The arts and culture need their own stimulus program, we want to massively help people here,” Scholz said. “We also have to do something for hotels ...