German car giant Volkswagen on Monday announced a fresh 15 billion euro ($17.5 billion) splurge on China's vast electric vehicle potential.

France launched a free-spending budget plan on Monday, saying a fresh spike in new Covid-19 cases justified its unprecedented loosening of the purse strings.

Global markets surged higher Monday as bargain-seekers moved in following sell-offs triggered by virus spikes and the return of some economically damaging containment measures.

Uber on Monday won a London court appeal, allowing the U.S. ride-hailing giant to operate in the capital for the next 18 months, after a judge ruled it was a "fit and proper" firm despite safety concerns.

Asian markets rose Friday on bargain-buying after another torrid week for investors, who are growing increasingly concerned about US lawmakers' failure to even hold talks on a new stimulus and surging virus infections that are prompting fresh containment measures.

Australia plans to roll back "responsible lending" laws adopted in the wake of the financial crisis in an effort to spur an economic recovery from the coronavirus pandemic, officials said Friday.

Turkey's central bank on Thursday raised its main interest for the first time since September 2018, boosting the rate by two percentage points to help the lira recover from historic lows.

Asian markets tumbled Thursday following another sharp sell-off on Wall Street as investors were bombarded by a perfect storm of problems including rising virus infections, new lockdowns, a slowing economic recovery, stalled US stimulus talks and election uncertainty.

Asian investors struggled to match their Wall Street counterparts Wednesday, with markets drifting as spiking infection rates, new containment measures and still no US stimulus fuel concerns about economic recovery.

Businesses cannot force employees to work from home and for those that do, they must cover the costs incurred, according to a draft bill approved Tuesday by Spain's government.