Bloomberg Italy’s government will ask parliament to approve another increase in the deficit later this month to pay for vaccines, healthcare, and support for companies and workers, according to Finance Minister Roberto Gualtieri. The request will be for 24 billion euros ($29 billion), Gualtieri said in an interview with the Corriere della Sera newspaper. That’s equivalent to 1.5% of Italy’s ...

Bloomberg German Finance Minister Olaf Scholz said a slight economic recovery is on the horizon thanks to robust state aid preventing much of the potential fallout of the pandemic, Deutsche Presse-Agentur reported. He credited Germany’s fiscal stimulus and the Berlin government’s shift on crisis aid at the EU level with saving jobs, the German newswire quoted Scholz as telling a ...

Bloomberg Apple Inc. and Amazon.com Inc. are removing Parler from their services, part of a growing backlash after the social media network was among those used to organise last week’s riots at the Capitol. Apple dropped Parler from its App Store, while Amazon’s cloud unit decided to stop hosting the social media company. They joined Alphabet Inc.’s Google, which removed ...