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Biden says ‘no doubt’ he will be next US president

Donald Trump called for vote counting to be halted in several swing states as the US waited for results from a handful of battlegrounds that will decide the presidential election. As of Thursday morning, Democratic challenger Joe Biden was within six electoral votes of victory while Mr Trump’s thin lead

Trump and Biden wait for results from crucial battlegrounds

President Donald Trump and Joe Biden, his Democratic rival, traded victories in conservative and liberal states as they waited for the results in the battlegrounds that will decide the election, including Florida. Mr Trump won solidly conservative states including Indiana, Tennessee and South Carolina. Mr Biden took New York, Virginia,

Eurozone economic forecasts slashed as fresh lockdowns imposed

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 as restrictions on activity threaten the continent’s recovery. The eurozone economy is now expected to shrink by 2.3 per cent in the fourth quarter

US shatters daily record for new Covid-19 cases

US coronavirus cases increased by 97,000 on Friday, by far the largest one-day jump since the start of the pandemic, with Midwestern states leading a wave of infections, hospitalisations and deaths across the country just days before the presidential election.  The sharp increase, which beat Thursday’s record of 88,400, took the

Google ad sales bounce back sharply from pandemic slump

Google’s advertising business staged a stronger than expected rebound from its coronavirus slump in the latest quarter, boosting revenue and earnings of parent Alphabet above most analysts’ expectations and sending the shares 9 per cent higher in after-market trading. Coming just days after the search group was hit with a

Germany and France impose curbs to slow Covid-19 spread

European countries are poised to tighten coronavirus crisis restrictions as soaring infection rates stoke alarm across the continent, sending stocks to their lowest level since May. Angela Merkel, Germany’s chancellor, was due to hold talks on Wednesday with premiers of the country’s 16 states about proposed new curbs, while France’s president

US business groups call for patience over election result

Corporate America’s most powerful lobby groups have called for patience as votes are counted in next week’s election, hours after President Donald Trump said it would be “totally inappropriate” if ballots were still being tallied after election day. The US Chamber of Commerce, the Business Roundtable and six other groups