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ROME, July 31 (Xinhua) -- Italy's economy contracted at a never-before-seen degree in the second quarter of the year, though analysts noted the negative growth was less severe than that seen in some other major European economies and that it could set the stage for an economic rebound in the second half of the year.
AMSTERDAM: KLM, the Dutch arm of Air France-KLM, said on Friday it would cut 1,500 additional jobs as part of a restructuring in which it needs to cut emissions by 50% by 2030 as well as prepare for recovering traffic after the coronavirus crisis.
ROME: The European Union (EU) has successfully circled the wagons with its landmark agreement for €750bil (US$859bil) of grants and loans for those countries requiring pandemic support.
PARIS: When the Covid-19 crisis struck Europe, companies turned to one bank more than any other to arrange emergency loans: BNP Paribas.
JAKARTA, July 20 (Xinhua): Indonesia will continue to carry out the social safety net programme next year in a bid to pare down risks of the Covid-19 pandemic and bolster the weakening buying power.
LONDON (Reuters) - EU leaders reported some progress on Monday after three days of haggling over a coronavirus stimulus plan, sending the euro to a four-month high and Italy's borrowing costs to lows not seen since March.
WARSAW (Reuters) - European Union leaders wrapped the second day of negotiations on a plan to pump hundreds of billions of euros into their economies ravaged by coronavirus and would resume on Sunday, a spokesman for the bloc said, with a deal proving elusive.
ATHENS, July 17 (Xinhua) -- The turnover of Piraeus Port Authority S.A (PPA) of Greece last year amounted to 149.2 million euros (170.4 million U.S. dollars) compared to 132.9 million euros in 2018, an increase of 12.3 percent, the company said on Friday.
SURALAYA (Reuters): Indonesian fisherman Ramidin says he used to catch stingray by paddling just off the shore of his village, but as a giant coal power complex nearby has expanded over the last three decades, he has had to venture further and further out to sea.