President-elect Joe Biden will propose injecting $1.9 trillion into the US economy when he takes office next week, as evidence mounts that the recovery from the sharp downturn caused by Covid-19 is flagging.
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Asian markets mostly enjoyed fresh gains Thursday as investors await Joe Biden's proposals for a vast new stimulus as well as comments from the head of the Federal Reserve on its policy outlook.
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China's trade surplus with the United States widened last year despite a partial trade deal requiring Beijing to boost purchases, official figures showed Thursday.
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A global maker of wipes and toilet paper has created a stink among its French employees after asking them to carry a device that goes off if they violate social distancing rules in the workplace.
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British companies are struggling with a large amount of red tape as a result of Brexit, nearly two weeks since the country's final divorce from the European Union.
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Thousands of workers on Tuesday protested the pending closure of carmaker Ford's three Brazilian factories at the cost of some 5,000 jobs.
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French auto giant Renault on Tuesday reported a sharp drop in 2020 sales amid the coronavirus pandemic, while unveiling its plans for the transition to electric- and hydrogen-powered vehicles.
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Canada on Tuesday announced a ban on the import of goods suspected of being made using forced labor in China's restive Xinjiang region, following a similar move by Britain.
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A former Nissan chief operating officer outlined in a Japanese court Tuesday the pains company officials took to hide star executive Carlos Ghosn's pay, and how they had worried about his quitting for a rival.
"Carlos Ghosn is a world-class business leader and CEO," said Toshiyuki Shiga, testifying at the trial of his former colleague Greg Kelly, charged with under-reporting Ghosn's compensation.
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Carmaker Ford said Monday it would close its three factories in Brazil this year as the coronavirus epidemic exacerbated already slow sales in South America.
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