Economy & Business

After years of resistance by Trump administration, Europeans now hope incoming Biden administration will be willing to compromise – or face possible digital tax

But surge in coronavirus cases poses new economic threat to world’s biggest economy

Company seeking extension as it and Justice Department express commitment to resolving security concerns

Before COVID,?the island attracted some 6 million foreign tourists a year

Startup offers art investments for anyone; anyone can now own a small share of a great masterpiece

Manufacturer says making politicians' masks is good for business

Europe’s benchmark indices were higher due to rising optimism over US drugmaker Pfizer’s potential COVID-19 vaccine

In futures trading, the Dow and S&P 500 were trending higher

The shopping festival, which is the world's largest and falls on Nov. 11 every year, is an annual extravaganza where China's e-commerce companies, including Alibaba, JD.com and Pinduoduo, offer generous discounts on their platforms

The EU started looking into Amazon in 2018 and has been focusing on its dual role as a marketplace and retailer

Investors cheer news of progress in development of effective COVID-19 vaccine

The bloc says its main objective is to persuade the United States to negotiate a solution, arguing the chief beneficiaries of the dispute are competitors such as China's COMAC

In midafternoon trading, the bellwether Dow Jones Industrial Average of 30 key stocks surged more than 4%, while the broader S&P 500 average was ahead more than 2%

Company is succeeding in the face of low expectations

Economists, analyst say the pandemic and mounting debt could hurt the country's otherwise strong chances of graduating by 2024