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U.S. steers clear as global COVID-19 pledging conference begins

BRUSSELS (Reuters) – World leaders launched a pledging “marathon” on Monday – without the United States – to raise at least $8 billion for research into a possible vaccine and treatments for the coronavirus. Organisers included the European Union, non-EU state... More »

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Do your bit for farmers and eat more fries, Belgians urged

MOUSCRON, Belgium (Reuters) – With potato farmers and processors struggling, Belgians are being urged to eat more fries to offset a slump in demand during the coronavirus pandemic. Belgium is the world’s largest exporter of fries and other frozen potato produc... More »

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A battle far from over: Five questions for the ECB

LONDON (Reuters) – The European Central Bank meets on Thursday, the ink barely dry on its emergency bond-buying scheme, and markets are already asking what more it will do to help the euro zone economy through the coronavirus crisis. Its emergency stimulus, wh... More »

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Nadal pessimistic over chances of return to normal for tennis

(Reuters) – Rafa Nadal has said he is very pessimistic about the possibility of tennis returning to normal any time soon because of the new coronavirus pandemic that shut down the sport last month. Professional tennis has been suspended until the end of July, ... More »

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European shares tumble on oil crash, dour earnings

(Reuters) – European stocks fell on Tuesday as the double whammy from a crash in U.S. crude to minus $40 per barrel and dismal first-quarter earnings reports spooked investors about the lasting damage to the global economy from the coronavirus pandemic. BP Plc... More »

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Rift opens over European coronavirus contact tracing apps

BERLIN (Reuters) – A rift has opened up over the design of smartphone apps to trace people in Europe at risk of coronavirus infection, potentially hindering efforts to curb the pandemic and ease crippling travel restrictions. Scientists and researchers from mo... More »

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Beauty in radishes: Parisian tells lockdown story in watercolor

PARIS (Reuters) – From a bunch of radishes to a sleeping cat, Parisian Agnes Goyet has turned to her life indoors for inspiration as France’s coronavirus lockdown frees her up to pursue her hobby – art. Goyet, who normally works as a real estate manager, is am... More »

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European shares jump as coronavirus deaths slow

(Reuters) – European shares rebounded on Monday as a slowdown in coronavirus deaths raised hopes that nationwide lockdowns were starting to show results, while Rolls Royce soared after becoming the latest multinational firm to raise cash to weather an economic... More »

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Take Five: Life in the time of corona

LONDON (Reuters) – 1/LOOKING TO CHINA The world’s biggest economy won’t be open for business by Easter, as U.S. President Donald Trump had hoped, but the second biggest economy may come close. How China fares offers a guide to other countries when their corona... More »

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EasyJet founder says will not inject fresh equity into company

(Reuters) – Stelios Haji-Ioannou, the founder of easyJet Plc (EZJ.L), has warned that he will not inject any fresh equity into the airline until it terminates a contract with Airbus SE (AIR.PA) for 4.5 billion pounds ($5.50 billion), according to a letter here... More »

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European insurer shares fall as row breaks out over dividends

MUNICH/LONDON (Reuters) – Shares in Europe’s insurers fell sharply on Friday after the EU regulator said they should temporarily halt payouts to shareholders during the coronavirus epidemic, although Germany backed Allianz’s decision to go ahead with a dividen... More »

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Europe’s north-south lockdown divide revealed by Google data

BERLIN (Reuters) – Italy and Spain, the two European countries hardest hit by the new coronavirus, have enforced the most drastic lockdowns to curb the pandemic but one country, Sweden, stands out for allowing life to go on much as before, Google data show. An... More »

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Short-selling bans achieve nothing useful: exchanges body

LONDON (Reuters) – Banning short-selling of shares gives the impression of responding decisively to events without achieving any useful result, the World Federation of Exchanges (WFE) said on Monday. In an unusually blunt statement, the global umbrella group f... More »

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Even in MotoGP’s virtual world, a Marquez still rules

LONDON (Reuters) – Alex Marquez celebrated a first MotoGP win — even if only virtually — in a ‘#StayAtHomeGP’ esports race featuring 10 top riders including older brother and six-time world champion Marc. Due to the coronavirus pandemic that has brought live s... More »

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ECB tells euro zone banks to skip payouts as virus hits economy

LONDON/FRANKFURT (Reuters) – The European Central Bank told euro zone banks on Friday to skip dividend payments and share buybacks until October at the earliest and use their profits to support the economy as it is hit by the coronavirus pandemic. With large p... More »

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IOC to start discussions on possible Tokyo 2020 postponement

ATHENS (Reuters) – The International Olympic Committee is stepping up its “scenario planning” for the Tokyo 2020 Games — including a possible postponement — as the coronavirus pandemic spreads, it said after an emergency meeting on Sunday. The IOC will hold di... More »

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Deutsche Bank expects German economy to contract 4%-5% in 2020

LONDON (Reuters) – Deutsche Bank slashed its forecast for Germany’s economy on the coronavirus fallout, saying it now expected the euro zone’s largest economy to contract between 4-5% in 2020 while industrial production could shrink by 10%. “Within days lockdo... More »

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Sweden says to send up to 150 special forces troops to Mali

STOCKHOLM (Reuters) – Sweden’s government on Monday said it had decided to send troops to Mali to join French-led special forces that are fighting militants linked to al Qaeda and Islamic State in the Sahel region of North Africa. The Social Democrat and Green... More »

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European shares slump to 2012 lows

(Reuters) – European shares tumbled more than 8% on Monday as the coronavirus pandemic raged through much of Europe, with dramatic monetary easing by global central banks failing to reassure investors about its growing economic damage. The pan-European STOXX 6... More »

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Germany confirms case of H5N8 bird flu in poultry farm

HAMBURG (Reuters) – A case of H5N8 bird flu has been confirmed in a poultry farm in the eastern German state of Saxony, German authorities said on Monday. The social affairs and protection ministry in the state of Saxony said the case involved bird flu of type... More »

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Valencia’s Mangala tests positive for coronavirus

(Reuters) – France international Eliaquim Mangala said that he is one of the five players and staff of La Liga side Valencia who have tested positive for the coronavirus. The 29-year-old’s team mate Ezequiel Garay on Sunday became the first La Liga player to c... More »

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Gobert sorry for not taking coronavirus more seriously

(Reuters) – Utah Jazz player Rudy Gobert, whose coronavirus diagnosis last Wednesday was the first domino that effectively shut down American sports, regrets not having taken the threat more seriously, he said in a social media post on Sunday. “I’ve been feeli... More »

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Louvre museum closed again as workers fret over coronavirus

PARIS (Reuters) – The Louvre museum in Paris shut its doors to art lovers and tourists for a second day on Monday as management held talks with workers over the risks associated with coronavirus. Queues quickly formed in the rain outside the world’s most visit... More »

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European shares stabilize after worst week since 2008

(Reuters) – European shares steadied on Monday after their worst weekly showing since the 2008 financial crisis, on rising hopes that major central banks will step in to counter the impact of the coronavirus epidemic on global growth. The pan-European STOXX 60... More »

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ECB can do more if needed, but we’re not there yet: Villeroy

PARIS (Reuters) – The European Central Bank is prepared to support the economy if needed in the face of the coronavirus outbreak, although more action is not yet needed, ECB policymaker Francois Villeroy de Galhau said on Monday. Villeroy, who is also head of ... More »

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Valentino goes back to black at Paris Fashion Week

PARIS (Reuters) – From leather bodices to sheer frilly dresses, Italian label Valentino showcased a series of all-black looks in Paris on Sunday as fashion houses pressed on with their shows in spite of the coronavirus outbreak that has kept some attendees awa... More »

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Vivienne Westwood show brings gypsy chic to Paris town hall

PARIS (Reuters) – Austrian-British fashion duo Andreas Kronthaler and Vivienne Westwood brought a gypsy-like caravan of models wrapped in tartan and silk to the gilded corridors of Paris’ town hall to present their 2020-21 winter collection. Contrasting the op... More »

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Polanski wins best director at Cesars, prompting walkout protest

PARIS (Reuters) – Roman Polanski cast a shadow over France’s Cesar Awards on Friday even as he won best directing for his film “An Officer and a Spy,” with several women in the audience walking out in protest at honoring a man facing rape accusations. The Fren... More »

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Polanski movie collects first trophy at Cesar Awards in France

PARIS (Reuters) – Roman Polanski’s film “An Officer and a Spy” collected its first Cesar Award out of 12 nominations on Friday, scooping the prize for best costume designer. Pascaline Chavanne was not at the event to collect her trophy after the entire cast an... More »

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Opelka fires 27 aces in beating Nishioka in Florida

(Reuters) – Towering American Reilly Opelka beat Japan’s Yoshihito Nishioka in three sets to win his second career ATP Tour title at the Delray Beach Open in Florida on Sunday. The fourth-seeded Opelka clinched victory in style, pounding his 27th ace of the ma... More »

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No global digital tax by end-2020 would mean chaos: France

RIYADH (Reuters) – Failure to reach a global deal on where and how much to tax digital giants such as Google (GOOGL.O), Amazon (AMZN.O) or Facebook (FB.O) would result in many digital tax regimes emerging all over the world, France’s Finance Minister said on S... More »

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Factbox: Latest on coronavirus spreading in China and beyond

(Reuters) – Here are the latest developments around the coronavirus outbreak: *The death toll in mainland China reached 1,770 as of Sunday-end, up by 105 from the previous day, while there were 2,048 new cases, bringing the total count to 70,548. *In Hubei pro... More »

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Alstom confirms talks on potential $7 billion Bombardier deal

PARIS (Reuters) – French train maker Alstom (ALSO.PA) has confirmed it is in talks on the possible acquisition of the train business of Canada’s Bombardier (BBDb.TO), a potential $7 billion deal that could help it build scale in the increasingly competitive ra... More »

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Euro zone to cautiously pave the way for more fiscal stimulus

BRUSSELS (Reuters) – Euro zone finance ministers are set to discuss on Monday a document that calls for a more growth-friendly fiscal policy, a move that could lead to Germany’s spending more amid fears of a downturn. The 19-country euro zone has for years stu... More »

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European shares hit record high- carmakers cheer China stimulus

(Reuters) – European shares hit a record high on Monday, with automobile stocks leading gains amid fresh attempts by China to limit the economic impact of the coronavirus outbreak. Automobile stocks .SXAP, which are highly sensitive to Chinese demand and indus... More »

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French soldier has died while on duty in Burkina Faso

PARIS (Reuters) – A French soldier has died while on operations in Burkina Faso, the French Armed Forces Ministry said in a statement on Monday. The ministry said the causes of the death of Sergeant Morgan Henry were unknown for now and an investigation was un... More »

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European shares edge lower amid coronavirus uncertainty

(Reuters) – European shares inched lower on Monday as concerns over the economic impact of the coronavirus outbreak weighed on sentiment, while markets also came off a rally from last week. The pan-European STOXX 600 index fell 0.3% by 0803 GMT, with the trave... More »

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2020 Ballet Olympiade in Varna postponed due to lack of funding

SOFIA (Reuters) – The 29th edition of the Varna International Ballet Competition, the oldest ballet competition in the world, has been postponed due to insufficient financial support, organisers said on Thursday. A new date for the outdoor event, known in the ... More »

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Highlights: Day eight at the Australian Open

MELBOURNE (Reuters) – Highlights of the eighth day at the Australian Open, the first Grand Slam tournament of the year, on Monday (times AEDT- GMT+11): 1633 MUGURUZA MARCHES INTO LAST EIGHT Unseeded Spaniard Garbine Muguruza continued her charge toward a third... More »

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French central banker says digital currency cannot be private

PARIS (Reuters) – Digital currency could be useful as cash transactions dwindle in some countries but central banks should be in charge of issuing it, not private companies, Bank of France Governor Francois Villeroy de Galhau said on Saturday. Spurred by the r... More »

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Germany returns Nazi art from Gurlitt trove to French family

BERLIN (Reuters) – Germany on Wednesday returned three art works to a descendant of a Jewish French collector who owned them until his death in 1941 in Nazi-occupied France. Two of the pictures came from a trove of works held by Cornelius Gurlitt, which was di... More »

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Rust-free Federer launches Melbourne campaign with sublime win

MELBOURNE (Reuters) – Roger Federer showed no sign of rust despite a lack of match practice ahead of the Australian Open as he launched his bid for a record-extending 21st Grand Slam title by hammering Steve Johnson 6-3 6-2 6-2 in the first round on Monday. Pl... More »

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Rap and rice paddies: Thai hip hop creates unlikely new stars

BANGKOK (Reuters) – In geography and in culture, the rice paddies of northeastern Thailand are thousands of miles away from the birthplace of hip hop in New York City’s Bronx, but for Thai rapper RachYo, the language of hip hop is universal. A recent video fea... More »

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Slovakia reports outbreak of H5N8 bird flu: OIE

PARIS (Reuters) – Slovakia has reported an outbreak of the highly pathogenic H5N8 bird flu virus among backyard poultry in the western part of the country, the first such outbreak in nearly three years, the World Organisation for Animal Health (OIE) said on Fr... More »