Markets at record highs amid rising optimism of a pandemic recovery Investors bet Covid vaccines and stimulus measures will propel economy forward in 2021
UK and US close to deal on cutting tariffs, says White House trade chief Talks on reducing charges on items such as Scotch whisky follow UK move to drop levy on Boeing
Ikea latest firm to suffer shortages and delays due to clogged UK ports Swedish chain says it is struggling to meet demand and apologises to customers
‘Be careful what you wish for’: Boris Johnson warned over ‘Australia-style’ Brexit trade deal The former Australian prime minister Malcolm Turnbull says his country’s trade deal with the EU is ‘not one Britain would want, frankly’
World Bank ‘missed vital opportunities’ to support Covid response, says Oxfam Millions forced to do without or pay for services as funding fails to adequately shore up healthcare systems, report finds
OECD: UK economic recovery will lag behind all rivals bar Argentina Thinktank says Brexit represents double threat to UK growth
Asian manufacturing boom offers hope for swifter global recovery from Covid Markets respond as manufacturing in China and South Korea grows at fastest pace in a decade
Things are looking up for oil, but Opec can’t uncross its fingers just yet Despite good vaccine news and price rises, the cartel could still meet a few bumps in the road – some of them of its own making
Pig guts fly in offal fight over meat imports in Taiwan’s parliament Opposition party’s ‘disgusting’ protest prompts scuffle in Taipei legislative yuan
UK’s economy suffers in November but Covid vaccine hopes ease gloom Our latest snapshot of key economic indicators shows travel down and inflation up amid double-dip recession
China imposes swingeing tariffs on Australian wine in ‘devastating blow’ to exporters Trade minister Simon Birmingham says the penalties for alleged dumping make the market unviable for Australian exporters
Stock market rally pushes Dow Jones to record high of 30,000 Index rallies by 450 points to close above 30,000 for first time as investors cheer latest vaccine news and prospect of smooth Biden transition
How can we pay off the global coronavirus debts? Tackle the powerful Shutting down tax havens and cancelling debts could pay for the pandemic and more, says author Ben Tippet
US and Taiwan sign five-year agreement on health, tech and security Countries emphasise potential for cooperation and future partnerships, which Beijing opposes
The Guardian view on Poland and Hungary: obstacles to progress … again Editorial: The decision by both countries’ governments to block a Covid recovery programme for the EU is unjustified and irresponsible