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Nigerian doctors suspend strike amid renewed talks

Bloomberg Nigerian doctors suspended a nationwide strike to continue talks with the government over a lack of protective equipment needed to treat Covid-19 patients and other benefits. The medical officers decided to return to work after an intervention from government officials, the Nigerian Association of Resident Doctors said in emailed statement on Monday. The group will “continue negotiations with stakeholders ...

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Italy will likely seek to widen budget shortfall, says Conte

Bloomberg Italian Prime Minister Giuseppe Conte said his government would likely seek a wider budget gap as he draws up an ambitious reform plan to lobby for European Union (EU) assistance to restart the economy. The government will focus on infrastructure projects including high-speed railways and may approve a value-added tax cut to stem the coronavirus’s impact on the euro-zone’s ...

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Wirecard fights for survival as missing billions may not exist

Bloomberg Wirecard AG was left fighting for survival after acknowledging that 1.9 billion euros ($2.1 billion) that it had reported as assets probably don’t exist, deepening an accounting scandal that has rattled Germany’s financial industry. The payments processor said it’s in discussions with creditors and considering a full-scale restructuring after pulling its financial results for fiscal 2019 and the first ...

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