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German consumer sentiment is forecast to tumble in December after lockdown measures introduced to tackle a resurgence in Covid-19 cases dented confidence.
The president of the European commission said she could not predict whether the EU would strike a post-Brexit trade deal with the UK with little more than a month until the deadline.
Germany’s economy rebounded strongly in the third quarter, official data showed on Tuesday, after lockdown restrictions were eased and consumer spending surged.
The General Services Administration has ascertained that the Democratic party's Joe Biden was the "apparent winner" of the US presidential elections, in effect signalling the start of the transition period between the Trump administration and his own.
International passengers will only be able to travel on Qantas flights if they have been vaccinated against Covid-19, the airline’s chief executive has suggested.
The UK’s Competitive Markets Authority is mulling whether to open an investigation into Google after receiving a complaint against what a group of companies alleged was an anticompetitive new advertising technology which the search giant was set to roll-out early in 2020.
Eurozone business activity fell sharply in November, putting the bloc on track for a double-dip recession as governments imposed restrictions to stem a second wave of Covid-19 infections.
US Treasury Secretary Steve Mnuchin tried to play down his decision not to extend several emergency Federal Reserve lending facilities but economists said his move risked damaging the economy.
Strategists at Bank of America reiterated their 'overweight' stance on so-called 'value' stocks versus 'growth', telling clients that it was the best way to position for an economic recovery into 2021 with potential upside to be had in the group versus their base case.
The president of the European Commission, Ursula von der Leyen, warned of a third wave of Covid-19 cases and urged governments to gradually lift the restrictions for the holiday period.
WHO advises doctors against treating Covid-19 patients with Gilead Science’s remdesivir drug (under the name Veklury) that has “no meaningful effect” on survival or need for ventilation.
Tax Justice Network reported that $427bn is stolen annually by companies and individuals who avoid paying taxes and called for the G20 to tighten rules.
An European Union external auditor warned that the EU fails to tame Big Tech because it moves too slowly to tackle new issues that arise and lacks legal muscle to restrain companies such as Google and Facebook for anti competitive behaviour.
The UK has become less attractive as a place for overseas companies to invest during the Covid-19 crisis but its appeal is relatively strong compared with the rest of Europe, a survey showed.
