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U.N. Tourism Body Urges Uniformity in Virus Travel Rules

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. 

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Biden Taps Yellen to Lead Barrier-Breaking Economic Team

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.

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Bitcoin on Record Tear towards $20,000

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

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France Says Brexit Deal Mustn't 'Sideline' Its Fishermen

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. 

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Stocks Mostly Drop as Infections Overshadow Vaccine Hopes

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.

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OPEC to Discuss Extension of Output Cuts beyond January

The OPEC oil producers' club will meet virtually Monday to mull over an extension to production cuts as the coronavirus pandemic continues to weigh on global demand.

Ministers from the cartel will start meeting via video conference at 1 pm GMT Monday and will be hoping that they can turn a page on a disastrous year. 

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Reports: S&P Global nears $44 bn Deal to Buy IHS Markit

S&P Global was nearing a deal to buy IHS Markit for around $44 billion, reports said Sunday, in what would be a merger of two of Wall Street's largest data providers.

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Swiss Reject World's Strictest Corporate Responsibility Rules

Swiss voters on Sunday rejected a plan to impose the world's strictest corporate responsibility rules, which would have made multinationals headquartered in the country liable for abusive business practices worldwide.

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Amazon Says Cloud Outage Triggered by Capacity Upgrade

A giant outage of Amazon's cloud-computing network in the U.S., which impacted large users such as media companies, was triggered by an effort to upgrade capacity, the company said.

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OPEC, Allies Mull Extending Output Cuts

The OPEC oil producers' club and its allies will hold a virtual meeting on Monday and Tuesday to finalize an expected extension to production cuts as the coronavirus pandemic continues to weigh on global demand.

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