Recent Posts

Senate passes $1.9tn relief bill after marathon votes

Bloomberg President Joe Biden’s signature $1.9 trillion Covid-19 relief bill passed the Senate 50-49 following a more than 25-hour marathon of amendment votes completed after Democrats settled an intra-party dispute over unemployment aid. The measure, the American Rescue Plan Act, now heads back to the House, where Majority Leader Steny Hoyer said a vote will be held on Tuesday. Although ...

Read More »

German joblessness up as lockdown persists

Bloomberg German joblessness unexpectedly rises for the first time in eight months, adding to strains Europe’s largest economy is facing due to the protracted coronavirus lockdowns. The rise of 9,000 put the total number of unemployed people at 2.75 million and the rate at 6%, according to the Federal Labour Agency. Economists surveyed by Bloomberg had expected a drop of ...

Read More »

Aston Martin to make electric vehicles in UK

Bloomberg Aston Martin Lagonda Global Holdings Plc will build its new electric cars in the UK from 2025, the company’s biggest shareholder told the Financial Times in an interview. Chairman Lawrence Stroll said its battery sports car and sport utility vehicle would be produced at plants in England and Wales respectively, according to the newspaper. The Canadian billionaire led a ...

Read More »
Send this to a friend