Although recent vaccine approvals have raised hopes of a turnaround in the pandemic later this year, renewed waves and new variants of the virus pose concerns for the outlook. Amid exceptional ...

Global growth is projected at –4.9 percent in 2020, 1.9 percentage points below the April 2020 World Economic Outlook (WEO) forecast. The COVID-19 pandemic has had a more negative impact on activity ...

Amazon announced the second major round of layoffs in three months, as it restructures after pandemic-era over-hiring and expands the adoption of ‌artificial intelligence tools.

Deutsche Bank on Thursday reported its largest annual profit since 2007 after a stronger-than-expected fourth quarter, as German federal police searched the bank for a second day in connection with an ...