CNBC World News

The executive arm of the EU, the European Commission, announced the new investment deal with China on December 30.

PIPEs, or private investments in public equity, are mechanisms for companies to raise capital from a select group of investors outside the market.

Some of the excess in stock market valuations caused by a rush toward new capital market activities will naturally "flush out," according to Goldman Sachs CEO David Solomon.

European Central Bank President Christine Lagarde hopes 2021 will still be the year of economic recovery post-coronavirus.

Goldman said exuberance around SPACs and companies with negative earnings are bubble-like but don't jeopardize the overall market.

Experts say the protests could be more significant than previous unrest.

The European fund industry saw a deluge of investment in 2020, with net inflows rising by around 61.6%, according to new figures from Refinitiv Lipper.

Moderna said it's accelerating work on a Covid-19 booster shot to guard against the recently discovered variant in South Africa.

Industry watchers said desperate companies wait weeks for containers and pay premium rates to get them, causing shipping costs to skyrocket.

Wolt, a food delivery app that's expanded into groceries and retail, has raised $530 million as it tries to take on Amazon.

"The reality is that we're still faced with a very polarized U.S., I don't think the U.S. is out of the woods when it comes to the pandemic," Brende told CNBC.

Chinese leader Xi Jinping's comments come less than a week after the inauguration of U.S. President Joe Biden.

EY CEO Carmine Di Sibio has suggested that the main threat to businesses under the Biden administration will be the possibility of higher corporate taxes. 

The 1,000 richest people on the planet recouped their losses caused by the coronavirus pandemic within nine months, according to estimates from charity Oxfam.

Birx said she was censored by the Trump administration but denied that she ever withheld information on the coronavirus pandemic.

Market valuations are strong, but reflect the expectation of an economic recovery in the second half of this year, Pimco's John Studzinski said.

"Coming from a superpower, one of the big emitters in the world, this is really crucial and it's very important," IRENA's director-general told CNBC.

Indonesia's finance minister Sri Mulyani Indrawati said estimates by experts showed the country needs around 15 months to vaccinate 180 million people.

Tonghua city in northern China, about 10 hours' drive northeast of Beijing, apologized to its residents Sunday for "untimely" delivery of daily necessities.

The funding is another sign that China's electric car market is heating up with Evergrande posing a potential challenge to Tesla, Nio and Xpeng Motors.