Bloomberg German Chancellor Angela Merkel’s government should finance a stimulus plan worth as much as 150 billion euros ($162 billion) to help offset the economic fallout from the coronavirus crisis, Bavarian state leader Markus Soeder said. Measures taken by Merkel administration, including an existing $610 billion liquidity program for companies, are insufficient, Soeder said. His comments come as the government ...

Bloomberg The Swiss watch industry has survived lickings before, but Rolex, Omega and Cartier now face a combination of economic punches putting them back on their heels. The industry was adapting to downturn from political protests in its largest market, Hong Kong, when coronavirus outbreak hit. Meanwhile, Swiss franc, surging gold prices, and store closures are set to saddle firms ...

Bloomberg As companies and government agencies send their employees home to avoid contact with the coronavirus, many cybersecurity teams are facing the unenviable challenge of securing sprawling, vulnerable networks. Every time an employee connects to their corporate network from home, they’re creating possible access points for hackers to exploit. When this happens 1,000 times on a single network almost overnight, ...