World Business Report

by BBC · · · · 160 subscribers

The latest business and finance news from around the world from the BBC

The UK has imposed restrictions on holidaymakers returning from Spain in a bid to curb the surge in coronavirus infections. Aviation Analyst Alex Macheras says there’s an urgent need for a clear long-term policy to protect travellers and the aviation industry as lockdowns ease across the world. As gold prices hit new highs, economist Michael Hughes considers why the metal is being seen as a safe bet for investors. The BBC’s Cindy Sui speaks to us from Taiwan, where she has met the elderly owners of a dry cleaners who have become unlikely stars on Instagram.

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Investors are looking for a safe haven as US-China tensions continue
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EU leaders have struck a deal on a huge coronavirus recovery package after days of talks
Oxford University scientists announce progress in the hunt for a coronavirus vaccine.
Video-sharing app TikTok has denied that it is controlled by the Chinese government.
Restrictions are tightened in Hong Kong over coronavirus fears
Housing and retail have seen an uptick on the stock markets post-Covid
British Airways is retiring all of its Boeing 747s as it suffers from the travel downturn
The streaming service has benefited hugely from lockdown period as families stay in
China's decision to ban imports of waste plastic caused a problem for other Asian nations
Apple avoids an EU ruling over its tax bill in Ireland
The EU's second highest court says Apple will not have to pay a record sum in back taxes.
Virgin Atlantic has finalised a £1.2bn rescue deal with private backers
The UK's mobile providers have been told to remove Huawei kit from 5G networks by 2027.