Drugmakers could seek US emergency use authorisation of vaccine later this month. Photograph:  DOMINICK REUTER / AFP via Getty Images

Futures tracking the S&P 500 hit a record high on Monday after US drugmaker Pfizer said its experimental vaccine was more than 90 per cent effect(...)

A street sign in Nice reads ‘Covid-19 respect containment’.  Fresh lockdowns announced across Europe in recent days to contain the resurgence of the coronavirus pandemic have triggered a flurry of downgrades to economic growth forecasts.   Photograph:  Arnold Jerocki/Getty Images

Fresh lockdowns announced across Europe in recent days to contain the resurgence of the coronavirus pandemic have triggered a flurry of downgrades to (...)

A laptop displays Christine Lagarde, president of the European Central Bank (ECB), during a live stream video of the central bank’s virtual rate decision news conference in Frankfurt on Thursday. Photograph: Bloomberg

European Central Bank president Christine Lagarde said the surging euro must be monitored for its impact on prices, but she didn’t signal any pressing(...)

US stocks traded mixed, near all-time highs, as investors evaluated the outlook for global growth and central bank stimulus to counter the pandemic. Photograph: Richard Drew/AP Photo

European shares ended Monday lower, weighed down by weak financial stocks after disappointing German and Italian inflation data, but closed August hig(...)

French cafés and restaurants have begun to reopen after the coronavirus lockdown, helping boost business activity. Photograph: Philippe Lopez/AFP

The downturn in European business activity slowed markedly in June as restrictions to contain the coronavirus crisis were eased, according to a closel(...)

Germany’s sprawling industrial sector is suffering its steepest downturn for a decade, underlining how the engine of the eurozone’s biggest economy is sputtering.

Germany’s sprawling industrial sector is suffering its steepest downturn for a decade, underlining how the engine of the eurozone’s biggest economy is(...)

Christine Lagarde: ‘Investment is a particularly important part of the response to today’s challenges, because it is both today’s demand and tomorrow’s supply.’ Photograph: Bloomberg

The euro zone needs to create more of its economic growth at home, including via greater public investment, if it is to withstand weakness abroad and (...)

Germany has long been the euro zone’s economic powerhouse, but it narrowly skirted a recession at the end of last year

Germany’s leading economic institutes slashed their forecasts for 2019 growth by more than half on Thursday and warned growth could slow much further (...)

The ECB said the new series of quarterly targeted longer-term refinancing operations would start this September and ending in March 2021. Photograph: iStock

The European Central Bank is to keep interest rates on hold until 2020 and has made a fresh offer of cheap funding for the region’s banks in a stark r(...)

Germany just barely avoided a recession in the final quarter of 2018

Europe’s largest economy stagnated in the fourth quarter as an inventory slump wiped out support from consumption and investment, and business sentime(...)

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