The Italian government said Friday it wants to run a higher budget deficit in 2021 to fund new aid for businesses struck by coronavirus restrictions.

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.

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.

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.

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.

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.

Thousands of workers on Tuesday protested the pending closure of carmaker Ford's three Brazilian factories at the cost of some 5,000 jobs.

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.

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.

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.