In the year of the dragon, will China breathe fire into its deflating economy?

Plunge in consumer prices has sparked calls for a stimulus package – yet Beijing may still stick to the new normal of lower growth

China consumer prices plunge at fastest rate for 15 years as deflation fears deepen

Plummeting food prices feed steep annual drop amid renewed calls to stimulate economy and offset weakening demand

Lloyds and Santander accused of providing accounts for Iranian front companies

Both banks deny helping Tehran-controlled oil firm PCC to move money in breach of sanctions

Central banks must beat inflation before cutting interest rates, says OECD

Organisation revises global outlook but warns it may be too soon to know if price pressures are contained

How UK’s new border controls will affect plants and animal imports

Today is first stage in a series of changes likely to raise costs for businesses and consumers

IMF warns Jeremy Hunt against tax cuts in budget

Lower tax levels may not be possible without extra borrowing or post-election spending reductions, says Washington-based body

Eurozone narrowly avoids recession as German economy shrinks

Single currency zone’s stagnating GDP figure will add to pressure for ECB interest rate cut

Post-Brexit trade deals: what’s been agreed and what could still come?

After negotiations with Canada hit a halt alongside those with US and India, UK has limited Pacific agreements to show for Brexit

UK ditches post-Brexit Canada trade talks; Vodafone and Three UK merger under investigation – as it happened

Live, rolling coverage of business, economics and financial markets as Canada says UK was unwilling to give access to agricultural products

Chinese markets rally on report Beijing considering £222bn state rescue plan

Authorities could use 2tn yuan from offshore accounts of state firms to buy shares after big falls in stocks

Top hedge funds make record $67bn in profits for 2023

Profits boom at top 20 funds including TCI, Citadel, Viking and Pershing Square thanks to rebound in stock markets

New Brexit checks ‘pose existential threat’ to UK fruit and flower growers

Exclusive: NFU warns blanket import checks from April could fuel long delays and damage future crops

Globalisation is not dead, but it is fading: ‘glocalisation’ is becoming the new mantra

Industrial policy such as a green growth plan is no longer a dirty word as nations realise shorter supply chains and a strategic state role are necessary

Casting their shadow: how Trump, Putin and AI dominated talk at Davos

Neither man was present at World Economic Forum where Labour impressed global business chiefs

Geopolitical tensions and AI dominate start of World Economic Forum

Ukraine, Middle East and Taiwan overshadow annual meeting at Davos, with artificial intelligence also high on agenda