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The EU’s flawed vaccine rollout will stymie growth in 2021, new forecast reveals

The European economy will recover more slowly this year as the coronavirus keeps a tight grip on the region, with the outlook resting largely on a vaccination campaign that has so far stumbled. The European Commission cut its forecast for euro-area growth this year to 3.8% from 4.2%, and said its predictions “crucially” hinge on virus containment […]

Business

With grocery store access limited during the pandemic, drone delivery offers a high-tech boost to business

With the coronavirus pandemic still raging and decimating local businesses, Manna, a drone delivery company, gained approval in late October to launch its service in Oranmore, Ireland.  The suburban town of 10,000 people, located on the west coast of the Emerald Isle, marks one of the biggest tests yet for commercial drone delivery and is […]

Business

Logistics giant DPD pauses U.K.-to-EU parcel shipments, amid post-Brexit customs chaos

Our mission to make business better is fueled by readers like you. To enjoy unlimited access to our journalism, subscribe today. The U.K. and European Union’s last-minute post-Brexit trade agreement may have warded off the threat of tariffs for many goods crossing their newly-significant border, but chaos has arrived nonetheless. On Friday, Europe’s largest parcel delivery network suspended […]

Business

EU seeks an additional 300 million Pfizer-BioNTech vaccine doses

The European Union is negotiating with Pfizer Inc. and BioNTech SE on a deal that could double their supply of Covid-19 vaccine to the region, according to people familiar with the talks. The new contract would include 100 million doses, as well as an option for as many as 200 million more, said the people, […]