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Now, Italy is cycling towards more trouble

Franco-German plan for a 500 billion-euro ($548 billion) “recovery fund” for the European Union has raised the hackles of a group of smaller countries, made up of Austria, the Netherlands, Sweden and Denmark. The so-called “frugal four” believe the EU should only loan the money to the countries most affected by the Covid-19 pandemic, rather than giving it away in ...

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Nasa should beware of virus from Outer Space

This summer, the National Aeronautics and Space Administration (NASA) will launch a rover designed to collect samples of the Martian surface and store them until they can eventually be brought back to Earth. When they arrive, according to a former Nasa scientist, they’ll be “quarantined and treated as though they are the Ebola virus until proven safe.” His statement caused ...

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Alibaba’s sales growth hits new lows over uncertainty

Bloomberg Alibaba Group Holding Ltd expects revenue growth to slow this year, reflecting post-Covid 19 economic uncertainty at home as well as the potential for US-Chinese tensions to disrupt its business. The e-commerce giant forecast sales growth this year of at least 27.5% to more than 650 billion yuan ($91 billion), down from 35% previously and slightly below analysts’ estimates. ...

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