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China gears up for world's largest online shopping festival

HONG KONG (AP) — Chinese consumers are expected to spend tens of billions on everything from fresh food to luxury goods during this year’s Singles’ Day online shopping festival, as the country recovers from the pandemic. The shopping festival, which is the world’s largest and...

Wall Street set to jump after Biden election win

U.S. stock index futures pointed to a sharply higher open on Monday after President-elect Joe Biden was declared the winner in a highly contentious election. Biden’s victory in Pennsylvania on Saturday put him above the 270 Electoral College votes needed to secure the presidency, four...

France economy bounces back in third quarter

Economic activity in France bounced back strongly in the third quarter following the lifting of the coronavirus lockdown, data showed on Friday, but the government still expects Europe's second-biggest economy to remain deep in recession for the year as a whole. French gross domestic...