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Bloomberg Singapore Airlines Ltd will focus on recovering from the coronavirus outbreak and doesn’t plan to cut jobs at the moment, the Sunday Times reported, citing the carrier’s CEO Goh Choon Phong. Still, the airline will have to review possible job cuts, Goh was quoted as saying in the report, without providing more details. Singapore Airlines has offered its staff ...

Bloomberg London Heathrow airport said it may need to cut one-third of its workforce if the UK government doesn’t indicate soon that it plans to relax a quarantine rule for incoming passengers. Europe’s busiest air hub, which employs 7,000 people, has eliminated a third of operating costs and management posts while resisting permanent job cuts among frontline staff, Chief Executive ...

Bloomberg President Donald Trump is seeking to tie Joe Biden to activists’ calls to “defund the police” in an attempt to paint his likely 2020 opponent as weak on crime and vilify Democrats pushing for police reform, even though Biden hasn’t embraced the slogan. Two weeks of protests over the death of a black man in Minneapolis police custody have ...

Bloomberg Chancellor Angela Merkel’s government said it’s received no official word from Washington on plans to withdraw US troops from Germany, the latest sign of deteriorating relations between the two countries. “As of this hour, there is no official confirmation by the appropriate authorities in the United States whether these plans will really be carried out or not,” Defense Minister ...

Bloomberg Plans for the most sweeping changes to Russia’s constitution since it was adopted nearly 30 years ago include one big one: an amendment that could allow President Vladimir Putin remain in power until 2036. Russian voters could be forgiven for not noticing. In a nationwide ad campaign and the official website that explains the proposed amendments, which are subject ...

Bloomberg The prime minister of Sweden was forced to defend his Covid-19 strategy after opposition parties mounted a scathing attack on his government amid signs its handling of the pandemic has been fatally flawed. With more than 4,500 Swedes now dead as a result of the coronavirus, and Sweden’s chief epidemiologist admitting mistakes, Prime Minister Stefan Lofven was the target ...

Bloomberg Anti-government demonstrations broke out in several Brazilian cities as President Jair Bolsonaro suffers growing backlash against his handling of the coronavirus pandemic. Protesters carrying signs in defense of democracy and against racism gathered in Brazil’s largest cities despite medical recommendations of social distancing, many encouraged by US demonstrations that followed the death of George Floyd. Pro-Bolsonaro marches also took ...

Bloomberg Sweden is stepping up efforts to shield its critical businesses from foreign takeovers at a time of economic weakness due to the Covid-19 pandemic. Interior Minister Mikael Damberg and Foreign Trade Minister Anna Hallberg on Monday unveiled a series of proposals. They include asking the Swedish Defense Research Agency to map out areas where foreign direct investments may have ...

Bloomberg German industrial production took a record-hit in April, before a gradual easing of lockdown restrictions set off an ever-so-slow recovery. Output slumped 17.9% during the month that saw unprecedented closures of factories and shops, with manufacturers of investment goods particularly badly affected. Even though activity has started to pick up since then, Europe’s largest economy is still set to ...

Bloomberg Spain has earmarked 9 billion euros ($10.2 billion) to help fund regional governments’ healthcare response to the Covid-19 pandemic. The central government will transfer 6 billion euros in September and as much 3 billion in November, Prime Minister Pedro Sanchez said in a televised statement. The measure will be approved by the cabinet through a decree on June 16, ...