Bloomberg Before the coronavirus pandemic besieged Europe, Kike Sarasola worried about whether he was building enough hotels to capitalise on the region’s long-running tourism boom. Such concerns have disappeared, along with the tourists. The only guests at three of his six boutique hotels in Madrid are doctors and nurses fighting the deadly disease. The transformation of Sarasola’s Room Mate Laura ...

Bloomberg Bulgaria’s plan to join the euro area hit a road block, with the central bank saying the coronavirus crisis had rendered targets to integrate deeper this year “unrealistic.” It’s the latest setback in efforts of the bloc’s poorest member to join both the ERM-2, known as the waiting room for the euro area, and the euro-area’s banking union by ...

Bloomberg US equity futures and European stocks headed for a fifth increase in six sessions, spurring debate over whether the meltdown has ended given the continued spread of the coronavirus. Treasuries edged higher. Contracts on the three main American stock indexes turned from losses to gains overnight as political leaders contemplate a fourth round of stimulus. Battered travel and leisure ...