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Work moves to beach as it’s ‘Bleisure’ time now

The future of business travel is shaping up to be one of the big unanswered questions of the economic reopening. At the same time, many people are eagerly planning their first big post-pandemic family vacation — or vacations. And that’s where “bleisure” comes in. It may still be awhile before business travelers are packing convention halls in Manhattan and Chicago ...

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Europe’s latest banking reforms run out of time

Europe’s banking sector continues to be shaken by scandals and failures. German public prosecutors are facing demands to bring charges against the German banking arm of Greensill Capital. Germany’s financial regulator, BaFin, has been humiliated by the 3.5 billion euro Wirecard scandal. Serious money laundering cases involving large banks in many euro zone countries have shaken faith in Europe’s bank ...

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Air France-KLM gets $4.7b aid in first step for survival

Bloomberg Air France-KLM will receive as much as 4 billion euros ($4.7 billion) from a French rescue plan that may not be enough to see the embattled carrier through the still-raging pandemic. The package will see the French government reemerge as the biggest shareholder with a stake of much as 30%. It comes after months of negotiations between shareholders France ...

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