According to a Reuters poll published on Thursday, crude oil prices are unlikely to mount a strong recovery next year, as new COVID-19 strain and related travel restraints threaten fuel demand.
On Thursday, France's wine exporters federation stated that the Washington decision to impose more tariffs on certain European Union products, including wines from France, was a real blow to the sector.
On Thursday, European shares edged lower and were set to end a tumultuous 2020 on a decline, as investors squared positions on the last trading day of the year.
Mexico's soccer team Santos Laguna has filed a lawsuit against Walt Disney, claiming that the company violated the terms of a five-year agreement signed in 2017.
According to sources with knowledge of the matter, the Chinese Securities Regulatory Commission is investigating Ant Group's equity investments.
As reported by the Belta state news agency, the President of Belarus Alexander Lukashenko stated on Thursday that his country would hold a referendum on constitutional amendments.
On Wednesday, budget supermarket Aldi announced that it plans to spend an additional £3.5 billion on food and drink from UK's suppliers during the next five years.
On Wednesday, Tiffany & Co announced that its shareholders have approved a $15.8B deal with the French luxury maker LVMH.
On Wednesday, China and the European Union announced a long-awaited agreement on an investment treaty.
On Wednesday, Perella Weinberg Partners, a New York-based boutique investment bank, agreed to go public via a $975M merger deal with special purpose acquisition corporation FinTech Acquisition Corp.
On Wednesday, the US Treasury Department in a statement said it blacklisted a Venezuela's prosecutor and the Supreme Court judge who presided over the trial of six former Citgo's executives.
On Wednesday, the UK Prime Minister Boris Johnson signed into law the post-Brexit trade agreement with the European Union.
On Thursday, Asian shares edged higher and were on track to end 2020 at a record level, as investors and traders bet on a strong economic recovery next year.
On Wednesday, the UK Parliament voted 521 to 73 in favour of Prime Minister Boris Johnson's Brexit trade agreement with the European Union.
Fincantieri agreed with a proposal to expand the deadline for the tie-up with France's Chantiers de l'Atlantique, a spokesperson for the Italian shipbuilder stated.
Acadia Healthcare Co stated that it would sell the UK unit the Priory Group to private equity company Waterland for about $1.47B.
The US jeweller Tiffany & Co's shareholders approved a $15.B deal with LVMH, finalising a dispute between retailers that stretched for more than a year.
Ticketmaster is expected to pay a $10M criminal fine to avoid prosecution on the US charges it regularly accessed rival's computer systems.
Amazon.com Inc announced that it would acquire Wondery, the podcast startup in a bid to increase non-musical content on the Amazon Music application.
Economies face "long ascent" towards recovery from the covid pandemic, the Managing Director of the International Monetary Fund Kristalina Georgieva says.
The German economy is expected to contract 5.4% in 2020 amid the coronavirus pandemic, data published by leading German economic research institutes show.
The Polish economy is expected to contract 4.25% in 2020 amid the COVID-19 pandemic, a report published the European Commission states.
Germany plans to raise $190B in new debt the next year to offset the economic impact of the pandemic, the German Finance Minister Olaf Scholz says.
The Finnish Finance Ministry revised its economic growth forecast upwards to 2.6% for 2021 and 1.7% for 2022, a statement published by the ministry shows.