- It CBS says that 55 companies and institutions were declared bankrupt in week 19 (4 to 8 May). That was 24 fewer than a week earlier. According to CBS, Liberation Day (May 5) plays an important role in this: courts often make bankruptcy rulings on a Tuesday.
- Unemployment in the US continues to rise. In the week ending May 3, there were 2.98 million new claims for unemployment benefits. Overall, unemployment has now risen to 36.5 million, while many states have not yet processed claims, reports CNBC.
- France is investing 18 billion euros in stimulating the tourism sector. French people can also go on holiday in their own country in July and August, Prime Minister Édouard Philippe has announced. writes Libération.
- The European Medicines Agency (EMA) says that in an optimistic scenario, a vaccine against the coronavirus could be approved within a year, reports Reuters. EMA is in discussions with 33 vaccine developers and says it will speed up the process as much as possible.
- Ceconomy, the parent company of electronics chains Media Markt and Saturn, records in the first quarter this year a net loss of 309 million euros. The mandatory closing of the doors of 87 percent of all branches particularly affected the group.
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