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UK travel firms urge ‘air bridges’

Bloomberg More than 200 UK travel and hospitality executives, including the head of London’s iconic Ritz hotel, joined a chorus of airlines and airports calling for the government to introduce air bridges to boost tourism and scrap contentious plans to quarantine visitors. The group of 217 — spanning hotel chains and travel agents to chefs — also want the foreign ...

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China trolls US over protests after Trump criticised HK

Bloomberg Chinese officials and state media needled the Trump administration over race-related protests and looting that have engulfed US cities in recent days, after weathering criticism and threats from Washington over Beijing’s own moves to quell unrest in Hong Kong. Over the weekend, China’s foreign ministry and state media seized the opportunity to fire back at Trump. Chinese propaganda outlets ...

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Dozens killed in militant attacks in Burkina Faso

Bloomberg Suspected extremists killed dozens of people in three separate attacks in Burkina Faso, including a raid on a cattle market in the east of the country, marking a fresh surge in violence in one weekend. Gunmen on motorbikes fired into the market in Kompiembiga, killing at least 25 people, while seven paramilitary police and five civilians died when gunmen ...

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Wuhan mass testing may have curbed virus

Bloomberg Wuhan authorities said they found no new cases of “silent spreaders” for the first time in nearly two months as the city’s aggressive push to test its entire population appears to have succeeded in breaking hidden chains of transmission. Of the 60,000 people tested on May 31, no cases of asymptomatic infections were found, said the Wuhan municipal health ...

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Trudeau readies virus aid for ‘Canadian cities’

Bloomberg Prime minister Justin Trudeau is ready to announce financial support for Canadian municipalities whose revenues have plunged amid the Covid-19 lockdowns. Trudeau was expected to announce C$2.2 billion ($1.6 billion) in funding on Monday, according to a government official familiar with the plans. The money — potentially only a first move to help cities — will come in the ...

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Trump invokes law-and-order to put protests over pandemic

Bloomberg President Donald Trump has seized on destructive nationwide protests against police brutality to portray himself as an icon of law and order, eschewing the soothing role past presidents have adopted in similar moments as he seeks to turn the election-year conversation from his widely panned handling of the coronavirus outbreak. The president blamed the protests on Antifa, a loosely ...

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US to sell HK consulate housing amid tensions

Bloomberg US government is selling its Hong Kong consulate staff quarters, estimated to be worth more than $400 million, amid rising tension over the city’s future. The compound is located in Shouson Hill, on the southern side of Hong Kong Island, where some of the city’s richest tycoons, including Li Ka-Shing, own houses. Comprising several apartment buildings spread over almost ...

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EU floats taxing 70,000 companies for market access

Bloomberg The European Union (EU) could charge 70,000 companies for access to the EU market to help pay for its coronavirus recovery program, Budget Commissioner Johannes Hahn was quoted as saying in a Financial Times interview. Hahn said there’s no alternative to giving the European Commission new sources of revenue to service the debt it would take on under the ...

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Russia stimulus seen falling short despite $123bn plan

Bloomberg Facing the worst recession in more than a decade, Vladimir Putin plans to roll out a spending plan to rival stimulus packages in other major economies. The Russian president’s government says the plan envisions support equivalent to a 10th of annual economic output. But analysts from Bloomberg Economics and some of Wall Street’s biggest banks say the level is ...

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Europe’s car industry shows tentative signs of a recovery

Bloomberg Europe’s car industry showed tentative signs of a recovery in May with some French and Spanish buyers braving visits to reopened showrooms. New car registrations fell 50% in France year-on-year, CCFA, the nation’s automotive-industry group, said on Monday. The drop was an improvement over April’s 89% plunge. Spain also showed a slight comeback. Renault SA and Peugeot owner PSA ...

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