Bloomberg Spaniards are getting really worked up about Prime Minister Pedro Sanchez. At one point last month, the defaced image of the photogenic Socialist was plastered across a giant red banner hung in downtown Madrid. The trigger has been his widely-criticised handling of the coronavirus pandemic that has seen Spain suffer among the highest death tolls in Europe. But as ...

Bloomberg Polish Prime Minister Mateusz Morawiecki is optimistic that the country’s economy will perform better than expected by analysts this year, thanks in part to government relief efforts. The European Union forecast a 4.3% decline in Poland’s gross domestic product in 2020, the best performance expected among the bloc’s 27 nations during the coronavirus pandemic. The median forecast from a ...

Bloomberg German Finance Minister Olaf Scholz is planning to raise more debt this year and next to help pay for the government’s massive stimulus program. Scholz will propose to raise debt by at least 30 billion euros ($33.9 billion) in a supplement to this year’s budget that will require parliamentary approval, according to people familiar with the discussion. Further borrowing ...

Bloomberg Facebook Inc. Chief Executive Officer Mark Zuckerberg said the company will review content policies after employees blasted their leader for his decision to leave up controversial posts from US President Donald Trump. The company will review policies on posts that promote or threaten state use of force or voter suppression techniques, and will also look into options for flagging ...

Bloomberg Bank of Spain Governor Pablo Hernandez de Cos is keeping up pressure on the government and lawmakers to ensure emergency spending on the coronavirus crisis is accompanied with a long-term plan to address the debts it will incur. “The measures have to include prudent forecasts about what would be the results of proposed spending cuts or of a proposed ...

Bloomberg Tesla Inc. Chief Executive Officer Elon Musk said it’s “time to break up Amazon” in a tweet, escalating a rivalry with Amazon.com Inc. CEO Jeff Bezos, another billionaire investing in space exploration. “Monopolies are wrong,” Musk tweeted while tagging Bezos, the world’s wealthiest man. The online retailer is among tech companies being scrutinised by federal regulators and lawmakers for ...

Bloomberg Surrounded by largely empty offices, builders last month returned to Dublin’s tech district, known as Silicon Docks. Dressed in green vests and with new safety rules to comply with, workers raced to complete developments earmarked for Alphabet Inc.’s Google, just days after a navy coronavirus testing ship nearby left. Construction resumed even as the virus throws up a new ...

Bloomberg Yandex NV will test a driverless car it developed with Hyundai Motor Co. in Detroit as the Russian technology giant makes plans to approximately double its fleet of self-driving vehicles. Yandex plans to buy 100 of the cars, which are souped-up versions of Hyundai’s Sonata, the company said in a statement. The test-drives, which had been planned around the ...

Bloomberg Worldwide smartphone shipments are expected to fall by 11.9% this year — their biggest annual drop ever — indicating things are going to get worse for the industry before they get better. In its latest market forecast, research firm IDC anticipates shipments of 1.2 billion in 2020, down from just under 1.4 billion last year. The annual forecast follows ...

Bloomberg Sennheiser’s HD 25 headphone was not originally designed for DJs. Though today it’s considered an essential piece of equipment behind the decks—worn by the likes of Calvin Harris, Luciano, Richie Hawtin, Martin Solveig, and scores of other boldface names—they were first designed in 1988 for broadcast booths and recording engineers. In 1989, the German audio company started supplying the ...