CNBC World News

Stocks are likely to stair step higher as the increase in virus cases competes with the promise of a better economy in the coming year.

The schools will close even as indoor dining at restaurants and the city's gyms, which experts say are at high risk for spreading virus, remain open.

Alphabet CFO Ruth Porat said Google is seeing employee productivity rise to pre-Covid levels again.

Bitcoin is now creeping up toward the all-time high it posted in a late 2017 rally that saw the values of several cryptocurrencies surge.

Dimon spoke about the need for another relief bill, a transition to Joe Biden as the next president, the need for higher taxes and his views on bitcoin.

"We are not there with vaccines yet. We will get there, but we're not there," Dr. Mike Ryan, executive director of the WHO's health emergencies program, said.

The cost of some of the leading coronavirus vaccine candidates ranges from $3 to $37. There are also major differences when it comes to storage and logistics.

Manufacturing sites, skilled personnel and temperature control — just some of the challenges facing vaccine makers now.

Pfizer and BioNTech said final analysis found coronavirus vaccine was 95% effective in preventing Covid-19 and appeared to fend off severe disease.

The personal luxury goods market, which includes clothes and jewelry, is expected to contract this year for the first time since 2009.

Maersk, the world's largest container shipping firm, matched third-quarter profit expectations on Wednesday amid a stronger-than-expected pickup in demand.

Zurich, Paris and Hong Kong were named the world's most expensive cities, according to The EIU. Singapore and Osaka were displaced by the two European cities.

The nasal swab test, which is eligible for use by patients aged 14 and over suspected of having the disease, can provide results within 30 minutes.

There are some significant hurdles to overcome if the 2030 target is to be met. 

"We will go to the office somewhat, we'll do some business travel, but dramatically less," Microsoft co-founder Bill Gates said.

Krebs is the latest Trump administration official to depart on the heels of the election.

The company said its new Assassin's Creed Valhalla game achieved the best-selling launch in the franchise's history.

All eyes will be on Singapore and Hong Kong's forthcoming quarantine-free travel bubble, as Asia's tourism boards prepare for similar arrangements, said Klook.

Poland and Hungary have put the EU's coronavirus stimulus plan at risk, by vetoing the historic deal.

Business travel will take longer to recover compared to leisure travel as corporations have now shifted to virtual modes of meeting.