Bloomberg Confidence in the euro-area economy improved to the highest level in more than two decades in June as a reopening of shops, restaurants and other services propelled the region’s recovery from the pandemic crisis. A European Commission sentiment index increased to 117.9, exceeding almost all estimates in a Bloomberg survey. The gain was driven by surging optimism in services, ...

Bloomberg German joblessness slid for a second straight month in June, signaling a robust recovery as falling coronavirus infections allow shops, restaurants and cultural venues to reopen. The decline of 38,000 was almost twice as high as expectations, and put total number of unemployed at 2.69 million. The unemployment rate was 5.9%, matching previous month, which was revised lower. Germany ...

Bloomberg Elon Musk’s satellite network Starlink is on track to beam broadband internet everywhere in the world except the polar regions by August. Space Exploration Technologies Corp has launched more than 1,500 satellites so far and has Starlink operations in about a dozen countries, Musk said during a presentation at the Mobile World Congress conference. That’s costing a lot. SpaceX’s ...