After a year of layoffs and uncertainty, data released on Wednesday showed the US service sector adding jobs and expanding in April, as the world’s largest economy bounces back from the worst of the Covid-19 pandemic.

The European Union aims to help industries slash greenhouse gas emissions by promoting a rapid expansion of investment in low-carbon technologies, partly through schemes with easier state aid rules, according to a draft policy plan seen by Reuters.

The shock announcement that billionaire philanthropists Bill and Melinda Gates are to divorce after 27 years of marriage has raised questions about the future of their hugely influential charity.

The Group of Seven wealthy democracies on Wednesday worked on plans to scale up global Covid-19 vaccinations, as calls mounted for a drastic increase in funding to help developing nations virtually shut out of early efforts.

The US economy is likely to see its fastest growth in nearly four decades this year, but the short-term inflation spike that will come with the rebound is not a cause for concern, a top Federal Reserve official said Monday.

Britain and India will begin formal free trade deal talks later this year, the UK government said Tuesday, after they agreed an initial package to boost bilateral trade and investment.

The US nonprofit Digital Dollar Project said on Monday it will launch five pilot programs over the next 12 months to test the potential uses of a US central bank digital currency, the first effort of its kind in the United States.

US Treasury Secretary Janet Yellen on Sunday tamped down concerns that President Joe Biden’s plans for infrastructure, jobs and families will cause inflation, saying the spending will be phased in over a decade.

Some Berkshire Hathaway shareholders are grappling with how Warren Buffett’s conglomerate will handle a thicket of post-pandemic challenges, including looming inflation, a dearth of acquisitions and demands for more environmental and social disclosures.

After a string of losses, ExxonMobil and Chevron on Friday both reported a return to profitability in the first quarter, bolstered by a significant jump in oil prices.

US consumer spending rebounded in March amid a surge in income as households received additional Covid-19 pandemic relief money from the government, building a strong foundation for a further acceleration in consumption in the second quarter.

Warren Buffett said on Saturday that Berkshire Hathaway Inc is being lifted by a US economy faring far better than he predicted early in the coronavirus pandemic, though investor euphoria is making it hard to deploy cash.

US markets were hit by a bout of profit-taking on Friday, while in Europe data confirming the eurozone is back in recession dampened investor enthusiasm.

Germany’s unemployment rate stayed stable at six percent in April, the federal labour agency said Thursday, even as a third coronavirus wave forced new restrictions in Europe’s top economy.

South Korean tech giant Samsung Electronics posted a 46.3 per cent rise in first-quarter net profits on Thursday, largely driven by robust sales of its smartphones and home appliances due to continued stay-at-home demand.

President Joe Biden will unveil a nearly $2t spending plan to boost the middle class Wednesday as the highlight of a sunny, yet audacious speech to Congress, signaling the Democrat’s bid to reshape America.

The US trade deficit in goods jumped to a record high in March, suggesting trade was a drag on economic growth in the first quarter, but that was likely offset by robust domestic demand amid massive government aid and easing pandemic stress.

Saudi Arabia’s de facto ruler, Crown Prince Mohammed bin Salman, said in a televised interview that he will further centralise policymaking, to ensure the success of his drive to diversify the economy.

Japan’s central bank on Tuesday raised its growth forecasts for the world’s third-largest economy, citing expected stronger demand, and left its ultra-loose monetary policy in place.

British oil giant BP said Tuesday that it rebounded into first-quarter net profit as oil prices recovered from a virus-driven slump.