Europe’s stimulus likely to keep running as economies reopen

The European Central Bank is expected to leave its stimulus efforts running at full steam Thursday — even as the economy shows signs of recovery thanks to the easing of pandemic restrictions. And that could present a challenge for ECB head Christine Lagarde. She faces a balancing act: acknowledging improving economic data without triggering a premature market reaction that anticipates […]

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EU lawmakers OK virus pass, boosting summer travel hopes

European Union lawmakers on Wednesday endorsed a new travel certificate that will allow people to move between European countries without having to quarantine or undergo extra coronavirus tests, paving the way for the pass to start in time for summer. The widely awaited certificate is aimed at saving Europe’s travel industry and prime tourist sites from another disastrous vacation season. […]

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WTO panel considers easing protections on COVID-19 vaccines

Envoys from World Trade Organization member nations are taking up a proposal to ease patents and other intellectual property protections for COVID-19 vaccines to help developing countries fight the pandemic, an idea backed by the Biden administration but opposed in other wealthy countries with strong pharmaceutical industries. On the table for a two-day meeting of a WTO panel opening Tuesday […]

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Pipeline exec to face Congress as US recovers most of ransom

The chief executive of the massive fuel pipeline hit by ransomware last month is expected to detail his company’s response to the cyberattack and to explain his decision to authorize a multimillion-dollar payment when he testifies before Congress this week. Colonial Pipeline CEO Joseph Blount will face the Senate Homeland Security Committee on Tuesday, one day after the Justice Department […]

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France fines Google $268M for unfair online ads treatment

France’s anti-competition watchdog decided Monday to fine Google 220 million euros ($268 million) for abusing its “dominant position” in the online advertising business, an unprecedented move, the body said. Practices used by Google “are particularly serious because they penalize Google’s competitors” in certain markets and publishers of mobile sites and applications, the statement by the Competition Authority said. “The authority […]

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EXPLAINER: Curbing tax avoidance by multinational companies

How can governments keep multinational companies from avoiding taxes by shifting profits to tax havens? For nearly a decade, nations have grappled with that question, seeking to bar companies from legally avoiding tax by shifting profits to subsidiaries in so-called tax havens. These havens are typically small countries that entice companies with low or zero taxes, even though the companies […]

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Race, title and anguish: Meghan and Harry explain the royal rift

In a wide-ranging interview aired Sunday, Harry and Meghan described painful palace discussions about the colour of their son’s skin, losing royal protection and the intense pressures that led the Duchess of Sussex to contemplate suicide.Oprah Winfrey’s interview was the couple’s first since they stepped down from royal duties, and the two-hour special included numerous revelations likely to reverberate on […]

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Palace to investigate after Meghan accused of bullying staff

Buckingham Palace said Wednesday it was launching an investigation after a newspaper reported that a former aide had made a bullying allegation against Sussex’s Duchess.The Times of London reported allegations that the duchess drove out two personal assistants and left staff feeling “humiliated.” It said Jason Knauf made an official complaint, then the communications secretary to Meghan and her husband, […]

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