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‘It’s a big deal’: why former protester turned Davos mayor wants WEF back

Philipp Wilhelm knows local people rely on forum’s revenue – but still thinks world must change

As Covid cases spike, Dubai works to keep its economy open

For an emirate dependent on trade, transport and tourism, vaccination, not lockdown, is key to keeping its economy going

Janet Yellen says US must ‘act big’ to revive flagging economy

Incoming Treasury secretary’s speech boosts markets with call on Republicans to back Joe Biden’s $1.9tn stimulus plan

Energy agency forecasts lower demand for oil as Covid cases surge

Influential IEA cuts forecasts for rebound in market as new lockdowns bite

Is ‘hysterical’ market speculation pushing us towards another crash?

Despite Covid, global stocks started 2021 on a high. But some analysts warn of an ‘epic’ bubble, amid fears that the flow of stimulus has created a monster

Why global markets appear impervious to bad news

Vaccine optimism, central bank action and Bidenomics keep prices above pre-Covid peak

Brexit and Covid blamed as Asia-UK shipping rates increase fourfold

Port congestion and skeleton staffing cause shortage of freight containers while consumer demand rebounds

FTSE 100 surges as City guru warns of stock market bubble risk

Index climbs close to pre-Covid level despite concerns over ‘hysterical’ investor behaviour

World Bank calls for rapid action to prevent Covid debt crisis

Institution says pandemic has led to sharpest rise in government debt in more than 30 years

The world in 2021 – how global politics will change this year

Donald Trump’s departure will alter the face of geopolitics. The climate crisis and Covid response will affect all nations – while others face very particular challenges. Observer correspondents examine the 12 months ahead

London shares close at highest level since Covid outbreak

Late Brexit deal spurs FTSE 100 upwards as traders shrug off surge in coronavirus cases

China and EU poised to sign long-delayed investment deal

Deal set to anger incoming Biden administration in US, which demanded to be consulted before deal went ahead

China to overtake US as world’s biggest economy by 2028, report predicts

Centre for Economics and Business Research says it expects this to happen half a decade sooner than it forecast a year ago

Markets at record highs amid rising optimism of a pandemic recovery

Investors bet Covid vaccines and stimulus measures will propel economy forward in 2021

UK and US close to deal on cutting tariffs, says White House trade chief

Talks on reducing charges on items such as Scotch whisky follow UK move to drop levy on Boeing

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  • Oil and gas crisis from Iran war worse than 1973, ​1979 and 2022 together, says IEA
  • Universal Music, home to Taylor Swift and Drake, receives €55bn takeover offer
  • Oil back above $110 in volatile markets as Trump deadline looms for Iran to reopen strait – business live
  • BP shareholders advised to vote against chair over climate resolution exclusion
  • Hedge fund borrowing exposes emerging markets to greater Iran war risk, says IMF
  • Musk’s SpaceX courts retail investors as it aims for record-breaking stock market flotation
  • JP Morgan reaches agreement with City airport for Canary Wharf’s tallest tower
  • Iceland chain offers job to man sacked by Waitrose after confronting shoplifter
  • UK City firms report fastest turnaround in fortunes in 30 years
  • My mother has been overpaid her civil service pension and ordered to repay it
  • UK manufacturers ‘will pay £940m a year more in business rates due to Reeves changes’
  • Want to know capitalism’s endgame? Just look at private equity – it has captured our everyday lives
  • ‘Italy has the best benefits’: Milan takes on Dubai as home for the super-rich
  • Waitrose under pressure to reinstate worker sacked after stopping shoplifter
  • Jamie Dimon says US should strengthen allies economically, in veiled criticism of Trump
  • Private jets, deserted shores and an unbuilt resort: alleged links to sanctioned ‘scam’ empire revealed in Timor-Leste
  • Dozens of firms risk losing B Corp status after standards overhaul
  • Don’t believe Trump’s claims about making life more affordable
  • David Ellison says 70% of Americans are centrist. Surveys tell a different story
  • War in Iran is boosting profits for oil and defense companies as US gas prices soar
  • Thousands of small UK firms’ energy bills set to more than double due to Iran war
  • Track Australia’s fuel prices, service station outages and shipments in charts
  • Sick pay rule changes to benefit up to 9.6m UK workers, TUC says
  • Starmer attacks Greens, saying vote for Labour rivals puts new workers’ rights at risk
  • Iran strikes Kuwait’s oil infrastructure before Opec+ supply talks
  • Workers, pensioners and children: all better off. Ignore the critics – we really are standing up for working people
  • The Guardian view on Japan’s hidden century: cheap money, global risk
  • From microshifting to coffee badging: whatever happened to just doing your job?
  • Labour to back down on foie gras and fur bans to ease EU trade deal
  • Waitrose employee sacked after stopping shoplifter from taking Easter eggs

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