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Kenya Air pilots offer going on unpaid leave

Bloomberg Kenya Airways pilots warned the carrier against cutting jobs and offered to go on unpaid leave to help mitigate the impact of the Covid-19 outbreak on the East African airline. The aviators will consider voluntary breaks only if it serves “to secure jobs” and cushion the airline “from further effects of the pandemic,” the Kenya Airlines Pilots Association said ...

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Australia suspending Hong Kong extradition agreement

Bloomberg Australia is suspending its extradition agreement with Hong Kong and will give skilled migrants from the city five-year visas with a pathway to permanent residence, after China imposed sweeping national security legislation on the financial hub. “Our decision to suspend the extradition agreement with Hong Kong represents an acknowledgment of the fundamental change of circumstances in relation to Hong ...

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Croatia, Bulgaria step closer to joining euro

Bloomberg Croatia and Bulgaria are set for approval to join the waiting room to adopt the euro in what would be the first step toward expanding the currency union since 2015. The decision to allow the two eastern European countries into what’s known as ERM-2 is likely to be taken by euro-region finance ministers meeting on Thursday and on Friday, ...

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