Bloomberg The UK is preparing a stimulus package to tackle the jump in unemployment due to the coronavirus, with expectations that the jobless rate could soon rise to more than 10%, the Financial Times reported, citing unidentified government officials. Prime Minister Boris Johnson is working with Chancellor of the Exchequer Rishi Sunak on the plan , which is expected to ...

Bloomberg The European Union (EU) plans to revamp its steel-import restrictions to guard against major market distortions as the bloc’s economy recovers from the effects of the pandemic. The proposed changes apply to EU import curbs introduced two years ago to prevent a controversial 25% US levy on foreign steel from diverting global shipments to the European market and flooding it. ...

Bloomberg Twitter Inc. would be welcome to move to France should the social-media platform face an adverse operating environment in the US, French Junior Digital-Affairs Minister Cedric O said in an interview with Radio J on Sunday. “If Twitter would consider at some point that the US circumstances would no longer allow the company to develop according to its values, ...