Swiss food giant Nestle on Thursday unveiled a multi-billion program to slash its carbon footprint, aiming to halve emissions by 2030.

Brazil's economy rebounded by 7.7 percent in the third quarter compared with the second, coming out of the recession it had been briefly plunged into by the coronavirus pandemic, the statistics institute IBGE announced Thursday.

Australia has exited its first recession in almost 30 years, after official figures on Wednesday showed the economy grew 3.3 percent in July-September compared with the coronavirus-hit previous quarter.

Debenhams and Topshop-owner Arcadia, two of Britain's biggest clothing retailers, stood on the brink of collapse Tuesday following coronavirus fallout and fierce online competition, risking the loss of 25,000 jobs.

Lebanon's economy is sinking into a "deliberate depression", the World Bank said Tuesday in a damning report stressing the authorities' failure to tackle the crisis.

The fall 2020 edition of the Lebanon Economic Monitor predicted the economy will have contracted by 19.2 percent this year and projected a debt-to-GDP ratio of 194 percent next year.

The World Tourism Organization called Monday for the standardization of traveler health checks and the establishment of air corridors to ease international travel during the pandemic. 

President-elect Joe Biden on Monday formally picked ex-Federal Reserve chair Janet Yellen to lead the Treasury, one of a slate of economic officials who would break racial and gender barriers in the U.S. government.

Top virtual currency bitcoin briefly soared to a new high Monday, heading towards $20,000 per unit.

French fishermen must not be sidelined in post-Brexit talks, a French minister insisted Monday, saying London and Brussels were "still very far from agreement" on the trade issues. 

Global equity markets mostly fell Monday as hopes that vaccines will soon be rolled out were overshadowed by concerns over a pick-up in virus cases around the world.