World Bank announces $12bn plan for poor countries to buy Covid vaccines
Initiative aims to ensure low-income countries are not frozen out by rich nations
China’s industrial profits lift markets; Uber wins London licence; pound rallies – as it happened
Rolling coverage of the latest economic and financial news
Coronavirus pandemic has wiped out $3.5tn in work income, says ILO
UN body figures show people in Americas and lower to middle-income nations hardest hit
UN warns of lost decade without Covid economic recovery plan
Austerity policies will choke off recovery and risk a double-dip recession, says Unctad
Lack of Covid help for poor countries will haunt west, says UN aid chief
Sir Mark Lowcock fears impact will fuel grievances, conflict, instability and refugee flows
Liam Fox reaches last five in race to head WTO
Ex-UK international trade secretary and prominent Brexiter faces female frontrunners from Kenya and Nigeria
New Zealand in Covid recession after worst quarterly GDP fall on record
Finance minister says figures don’t reflect the thousands of lives saved and reduced burden on health system
Governments should avoid Covid spending cuts and tax rises, says OECD
In report on global economy, thinktank suggests extra borrowing is needed into 2021
Chinese investment in Australia plummets 47% in a year as diplomatic tensions rise
Researchers have found Chinese investment in Australia has fallen at a much faster rate than in other countries
Could the US and Chinese economies really ‘decouple’?
The buzzword makes it sound as if disentangling the world’s two largest economies were simple, says academic Isabella Weber
No-deal Brexit means food price rises, warns Morrisons
Storage issues could hit cost of fruit and veg as supermarket chain’s profits plunge
Campaigners start legal challenge to UK’s $1bn grant to Mozambique gas project
Friends of the Earth seeks judicial review, saying aid deal contradicts climate commitments
Boris Johnson is not hiring Tony Abbott for his trade expertise
The ex-Australian PM is a political evangelist for free trade who has got three big trade deals over the line
Wanted: thick-skinned maverick to head up World Trade Organization
As Roberto Azevêdo steps down early, eight candidates step up for poisoned chalice of being WTO director general
Poorest countries face lost decade due to Covid-19, says IMF
Economists call for urgent help to prevent progress in poverty reduction being wiped out