Bloomberg German Chancellor Angela Merkel expressed optimism that a recovery in Europe’s biggest economy will gather pace once the coronavirus pandemic is brought back under control. Merkel said that while the situation remains “very serious,” officials are better equipped now to fight the disease than at the start of the outbreak in the spring. She cited recent progress in developing ...

Bloomberg Airbnb Inc’s long awaited filing for an initial public offering (IPO) makes the devastation wrought by Covid-19 abundantly clear, and shows how its business now hangs on domestic travel. Since the coronavirus pandemic swept across the globe in March, closing borders and grounding flights, the travel sector’s woes have been on full display. Public companies such as Marriott International, ...

Bloomberg Vodafone Group Plc beat estimates and expects sales to recover from a first half when Covid-19 lockdowns sent mobile roaming income tumbling. Vodafone’s organic service revenue fell 0.4% in the financial second quarter that ended on September 30, better than the 2.3% average estimate of analysts compiled by Bloomberg. Europe’s second-biggest phone company nudged up its outlook, seeing full-year ...