A key U.S. Senate official ruled Thursday that President Joe Biden's $15 per hour minimum wage measure cannot be included in the huge Covid relief bill as written, imperiling Democratic efforts to fulfill a progressive priority.

India's economy grew 0.4 percent year-on-year in the final quarter of 2020, official data showed Friday, ending its first recession since independence as easing coronavirus restrictions sparked a modest recovery.

Argentine Economy Minister Martin Guzman is expected to visit Washington in mid-March to continue talks with the IMF on a new loan package, a fund spokesperson said Thursday.

The administration of President Joe Biden views tariffs as a valuable policy tool, the nominee to be the next U.S. Trade Representative, Katherine Tai, told lawmakers Thursday at her confirmation hearing.

Norway's sovereign wealth fund, the world's largest with assets of $1.3 trillion, said Thursday it had last year, for the first time, divested from companies it believes had dubious tax reporting practices.

Australian carrier Qantas reported on Thursday a US$5.5 billion plunge in revenue during the second half of 2020 and said international passenger flights would not resume until October as the pandemic continued to devastate the industry.

Global air passenger traffic will recover more slowly than expected this year because coronavirus variants have created strong headwinds, an industry group warned Wednesday.

Lebanon's economic meltdown is not just leaving gaping holes in state coffers, with thieves now plucking Beirut's manhole covers for scrap.

An Istanbul court on Wednesday sentenced three Turks to four years and two months in prison for helping smuggle former Nissan boss Carlos Ghosn in a musical instrument case to Lebanon from Japan.

The court convicted two pilots and an employee of a small private airline, who moved the tycoon while he was out on bail facing financial misconduct charges in December 2019.

London's Heathrow airport dived into a net loss of £2.0 billion last year, a result that "underlines the devastating impact of Covid-19 on aviation", it said Wednesday.