The Chinese government says profit at state-owned companies that dominate its banking, oil and most other industries rose by as much as 25% last year as the country recovered from the coronavirus pandemic

India’s homegrown vaccine developer Bharat Biotech has warned people with weaker immunity and other medical conditions that include allergies, fever, or a bleeding disorder to consult a doctor before taking the shot — and if possible avoid the vaccine

Chancellor Angela Merkel is holding a virtual meeting with the governors of Germany’s 16 states to discuss the country’s pandemic measures amid concerns that new mutations of the coronavirus could trigger a fresh surge in cases

Shares have advanced in Asia as the changing of the guard in the U.S. is raising hopes for more support for the economy and more aggressive measures to fight the pandemic

Treasury Secretary nominee Janet Yellen is calling on Congress to do more to fight a deep pandemic-induced recession

China is dealing with coronavirus outbreaks across its frigid northeast, prompting additional lockdowns and travel bans ahead of next month’s Lunar New Year holiday

China is now dealing with coronavirus outbreaks across its frigid northeast, prompting additional lockdowns and travel bans

Japan’s foreign minister is accusing South Korea of worsening already strained ties by making what he called illegal demands for compensation for the sexual abuse of Korean women and use of forced laborers during World War II

Treasury Secretary nominee Janet Yellen is calling on Congress to do more to fight a deep pandemic-induced recession

President-elect Joe Biden has chosen Rohit Chopra as the director of the Consumer Financial Protection Bureau, tapping a progressive ally of Sen. Elizabeth Warren to helm the agency whose creation she championed

The premier of Canada’s oil-rich province of Alberta wants U.S. President-elect Joe Biden to give the Canadian government a chance to make the case for the Keystone XL oil sands pipeline to be built

World Economic Forum organizers are expecting leaders including Chinese President Xi Jinping, Indian Prime Minister Narendra Modi, German Chancellor Angela Merkel and South African President Cyril Ramaphosa for a virtual gathering next week — after the COVID-19 pandemic doused plans for the annual in-person event in Davos, Switzerland

Italian Premier Giuseppe Conte has won a crucial vote in Parliament’s lower house after a coalition defector’s lawmakers abstained in the balloting

When Joe Biden entered the White House as vice president in 2009, the economy was cratering

World markets have gotten off to a slow start for the week despite news that the Chinese economy grew 2.3% in 2020