Italy’s New Coronavirus Cases on Declining Trend on Sunday

Sign up here for our daily coronavirus newsletter on what you need to know, and subscribe to our Covid-19 podcast for the latest news and analysis. Coronavirus infection continued to decline in Italy, with 355 new cases reported Sunday compared with 416 a day earlier. Daily deaths were 75, down from 111 on Saturday. In all, 33,415 people in Italy […]

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Europe Reaches a Tipping Point Over China’s Hong Kong Gamble

Europe’s relations with China are going from bad to worse. Beijing’s decision to force national security laws on Hong Kong has outraged many in the European Union for what they see as an attack on democracy. It places EU governments on the horns of a dilemma over how to respond as they shift from battling the coronavirus to economic recovery, […]

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Take the Money Before Things Get Worse, Junk Bond Salesmen Say

If there’s one lesson from the great financial crisis that applies to the current market turmoil, Todd Rothman argues, it’s this: take the money when it’s there. The managing director in JPMorgan & Chase’s high yield and leveraged loan capital markets team in London believes that with the future so uncertain, now is a good time for Europe’s high-yield borrowers […]

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Chinese Tourists Lured to Save Summer in Beijing’s European Ally

As Europe looks to salvage summer vacations after the economic devastation caused by the coronavirus, one country is courting visitors from 4,500 miles away. Serbia is kicking off a marketing campaign Friday that will target tourists from China, where Covid-19 first emerged. The eastern European nation is using a platform run by Alibaba to tout its ancient monasteries, mountain resorts […]

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Europe Stocks Decline, U.S. Futures Edge Higher: Markets Wrap

Caution hung over markets on Wednesday, with European stocks dropping in the wake of a late decline on Wall Street, and U.S. equity futures edging higher alongside Asian benchmarks. Treasuries rose, while oil futures slipped. Declines in travel and auto shares pulled the Stoxx Europe 600 Index lower, as corporate earnings continued to underscore the devastating impact of the coronavirus […]

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How China Is Losing Europe

If 2019 was the year when Europeans began having serious doubts about Beijing’s geopolitical intentions, 2020 may go down in history as the moment they turned against China in defiance. That’s not because they blame the Chinese for originating Covid-19, as U.S. President Donald Trump and his secretary of state seem obsessed with doing. It’s because China, by trying to […]

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