Category Business

German pensions to rise again, but slower than inflation

BERLIN — German retirees’ pensions will rise significantly this summer for the second consecutive year, the government said Monday, though the increase will still fall short of the current inflation rate. The Labor Ministry said pensions will increase by 4.39%…

Foreign firms: China ‘turns corner’ by ending quarantine

BEIJING — Foreign companies welcomed China’s decision to end quarantines for travelers from abroad as an important step to revive slumping business activity while Japan on Tuesday joined India in announcing restrictions on visitors from the country as infections surge.…