Bloomberg The European Union (EU) is set to postpone legal action against the UK for breaching the Northern Irish Brexit deal, according to two people familiar with the matter, as riots grip the province. The EU began proceedings last month after Britain unilaterally extended a waiver on checks on some goods entering Northern Ireland from Great Britain. The temporary exemption was ...

Bloomberg Norway’s prime minister, Erna Solberg, was fined 20,000 kroner ($2,350) for breaking her own government’s Covid restrictions in connection with a party celebrating her 60th birthday. The circumstances wouldn’t normally trigger a fine, but police suggested the country’s prime minister should be held to a higher standard. “Even though the law is the same for everyone, not everyone is ...

Bloomberg President Joe Biden proposed major boosts in funding to combat inequality, disease and climate change as part of a $1.52 trillion budget request for 2022, part of his wider push to redefine the role of government in American lives. The administration’s outline, released by the White House, kicks off a months-long process in which Congress is likely to significantly ...

Bloomberg Canada’s jobs market blew past expectations for a second straight month, one more sign the nation’s economy is on the cusp of fully recovering from the pandemic. The economy added 303,100 jobs in March, Statistics Canada reported in Ottawa. That’s triple what economists were anticipating, and follows a gain of 259,200 in February. The two-month jump was led by ...

Bloomberg Spain’s government trimmed its 2021 annual economic growth forecast to 6.5% after renewed pandemic restrictions led to a worse-than-expected first quarter, Economy Minister Nadia Calvino said in a presentation. The government’s previous outlook, published in October, forecast a baseline economic expansion of 7.2% this year and as much as 9.8% if the European Union pandemic recovery funds were quickly ...

Bloomberg Italy eased lockdown restrictions, lifting some curbs that have been weighing on the economy in the region surrounding Milan and across the country as the latest virus resurgence slows. Health Minister Roberto Speranza signs a decree to shift six regions classified as high-risk “red” areas to medium-risk “orange” status, his office said in a statement. The development means that ...

Bloomberg Microsoft Corp.’s LinkedIn faces a probe by the Italian privacy watchdog after reports that the personal data of some 500 million users was scraped off the platform and posted online. The Italian authority said in a statement that it started an investigation following “the dissemination of user data, including IDs, full names, email addresses, telephone numbers.” The regulator said ...

Bloomberg Norway’s government, which oversees the world’s biggest sovereign-wealth fund, expects climate and social issues to dominate investment decisions in the coming decades. “There is a growing expectation, not only in Norway, but internationally that there will be a high level of ethical awareness,” Finance Minister Jan Tore Sanner said in an interview. “We must have the highest possible return ...

Bloomberg Hyundai Motor Co. is pitching its new Ioniq 5 as being able to do more than the average EV. In a series of promotional videos on YouTube, a camper is shown running on a treadmill hooked up to the car’s battery, listening to their favourite tunes on a bank of speakers, and even rustling up a roast-chicken dinner in ...

Bloomberg Nate Calabrese almost skipped right over the “driver wanted” ad on job-search website Indeed.com because it offered so few details. Turned out the posting was for the Boring Co., the tunneling business owned by Elon Musk. That’s how Calabrese, 27, ended up driving people underneath the Las Vegas convention center in one of the first public peeks at the ...