Environmental groups hoping for more radical action to promote electric vehicles were disappointed at Germany’s new coalition agreement, saying it falls short of what was needed to meet climate goals.

Risks of a new Covid hit to economic activity are clobbering expectations for rate hikes next year from the world’s major central banks, a potential setback for the dollar and other currencies where wagers had been most aggressive.

European Union member states on Thursday agreed their common position on two landmark legislations that could set unprecedented oversight on Big Tech.

Germany’s new energy transition plan is unlikely to have a big impact on prices in Europe’s carbon market, analysts said on Friday, despite plans to introduce a minimum carbon price domestically.

Improving digital trade would provide huge opportunities for British businesses and help boost economic growth, the government’s Board of Trade said, setting out how it aims to become a world leader in modern services and online goods.

German shoppers are feeling downbeat as the December Christmas period beckons, a key survey said Thursday, with concerns about soaring coronavirus infections and higher prices gnawing away at festive cheer.

Visions of spiralling wage inflation in the euro zone have dominated the talking points of conservative central bankers in recent weeks as they called for a moderation in central bank stimulus.

German business morale deteriorated for the fifth month running in November as supply bottlenecks in manufacturing and a spike in coronavirus infections clouded the growth outlook for Europe’s largest economy, a survey showed on Wednesday.

The recovery of the eurozone economy is again gaining pace after dipping last month, a closely watched survey said on Tuesday.

French finance minister Bruno Le Maire said on Sunday that France will work with the United Arab Emirates on new projects in the energy sector including renewables and hydrogen fuel. “Reaching zero carbon emissions by 2050 is an important goal, and we want to work with the UAE on this fight on climate change,” Le Maire told reporters in Abu Dhabi.

Britain’s health secretary announced Sunday he has launched an independent review to examine if “systematic bias” exists in the development of medical devices, after Covid-19 brought the issue “to the fore”.

In near-perfect conditions, thanks to abundant rain and healthy trees, Australian fruit grower Michael Cunial’s cherry orchard looks set to yield a bumper crop. He has just one problem: the harvest.

Bank of England Governor Andrew Bailey said his concern on the inflation outlook is that it could be  “elevated for longer” but there is also a chance that inflation does not prove as persistent as feared.

Russia’s economy rebounded in the third quarter as the country continues to recover from the impact of the coronavirus pandemic, official figures showed Wednesday.

Amazon.com Inc will stop accepting Visa credit cards issued in the United Kingdom from next year because of high transaction fees, the e-commerce giant said on Wednesday, escalating its fight with the credit card company.

The United Nations warned Thursday that a surge in container freight rates could mean higher prices for consumers next year unless pandemic-fuelled problems are untangled.

Remittances to low- and middle-income countries from citizens working abroad will rise by more than expected in 2021 thanks to a strong economic recovery in the United States and Europe as well as rising oil revenue in Russia and the gulf, the World Bank said.

British inflation surged to a 10-year high last month as household energy bills rocketed, according to data on Wednesday that will bolster expectations that the Bank of England will raise interest rates next month.

Low vaccination rates in some parts of the world are a future risk to financial stability, the European Central Bank said in a report on Wednesday, while the recovery from the pandemic has eased pressure on the economy.

Russia’s central bank chief warned Monday that record-breaking inflation was a  “real disaster” for the country and urged the government to take action.