Britain’s main opposition Labour Party said it will push for a vote in parliament on Monday over support for U.S. plans to introduce a global minimum corporation tax rate, Reuters reported. The U.S. Treasury Department earlier this week said that it would accept a floor of at least 15% during international negotiations, a rate significantly below its proposed 21% minimum for U.S. multinational firms.

One of Germany’s wealthiest families is selling down the last major investment of Heinz Hermann Thiele, three months after the billionaire patriarch’s death, Bloomberg News reported. The Thiele family’s KB Holding GmbH sold more than half its stake in Deutsche Lufthansa AG, Europe’s biggest airline, disposing of 33 million shares at a 9.80 euros each. While that’s a 9.8% discount to the stock’s closing price the previous day, the heirs likely broke even on the transaction given the original purchase price.

European Union antitrust regulators fined UBS, UniCredit and Nomura 371 million euros ($452 million) on Thursday in connection with a European government bond trading cartel, Reuters reported. The penalties are the latest to punish the financial industry for alleged involvement in foreign exchange cartels, Euribor and Libor benchmark cartels, and bonds cartels. The three banks said in statements that they would appeal or were considering doing so.

Borrowers falling into home mortgage arrears due to an unforeseeable loss of income will gain court protection under new legislation which has cleared the Oireachtas, Irish Legal News reported. The Personal Insolvency (Amendment) Bill 2020, which will now be signed into law, gives insolvent homeowners the right to seek review by a court if their mortgage lender or other creditors refuse a reasonable proposal for a personal insolvency arrangement.

Italy and the European Union promised Thursday to support Tunisia’s economy as part of their efforts to stem migration across the Mediterranean Sea toward Europe, the Associated Press reported. Italian Interior Minister Luciana Lamorgese and EU Commissioner for Home Affairs Ylva Johansson visited Tunisia for talks with President Kais Saied and Prime Minister Hichem Mechichi. More than 67 migrants drowned or disappeared off the coast of Tunisia in recent days after their boats sank.

Eurostar’s shareholders have pulled together funds from bank loans, deferred payments and from their own pockets to secure a £250million refinancing deal to save the company from bankruptcy, ConnexionFrance.com reported. “This refinancing is a major step towards securing Eurostar’s future,” Eurostar chief executive Jacques Damas said in a statement. Eurostar’s majority shareholder is the French national railway company SNCF, which owns 55% of the company and headed up the refinancing effort. The U.K.

European Union governments agreed to allow quarantine-free travel for vaccinated tourists and visitors from countries deemed safe, paving the way for the resumption of hassle-free trans-Atlantic flights, Bloomberg News reported. Ambassadors from the EU’s 27 member states backed a proposal to waive quarantine for those with coronavirus inoculations approved by its drug regulator, including shots from Pfizer Inc., Moderna Inc. and Johnson & Johnson. The approval could be finalized this week and implemented soon after.

The liquidators of Carillion have struck a deal with a specialist litigation funder to bankroll a £250m lawsuit against KPMG, the collapsed outsourcer’s former auditor, the Financial Times reported. Litigation Capital Management, an Aim-traded litigation funder, said on Wednesday it had entered an agreement with certain Carillion entities to finance a claim in the English High Court over how KPMG conducted its audits of the outsourcing group.

The 19 nations that share the euro are facing financial risks that are elevated and uneven, the European Central Bank warned Wednesday, and more targeted stimulus could be required as the region recovers from the coronavirus crisis, CNBC.com reported. The pandemic has hit different economic sectors with varying degrees of severity and speed, with tourism and hospitability among the most impacted. In its latest financial stability review, the ECB warned that this uneven shock is concentrating risks in very specific nations and parts of the euro zone economy.