COVID-19 cases surge 23% in Americas, mostly in North America – health agency

New COVID-19 cases have jumped 23% in the Americas in the last week, mostly in North America where both the United States and Canada are reporting increasing infection rates, the Pan American Health Organization (PAHO) said on Wednesday, warning that the region might be facing a relapse as in Europe.

Australia Q3 business investment slips, outlook surprisingly resilient

Australian business investment slipped in the third quarter as pandemic lockdowns shut many firms, though future spending plans proved surprisingly resilient and a rapid recovery is expected now that most restrictions have been lifted.

U.S. Thanksgiving air travel set to be busiest since pandemic began

Airports and commercial airlines across the United States registered one of their busiest days since before the pandemic on Wednesday as millions of Americans traveled to visit loved ones for the Thanksgiving holiday.

EXCLUSIVE German parties agree on 2030 coal phase-out in coalition talks -sources

Germany’s Social Democrats (SPD), Greens and Free Democrats, who are negotiating to form a new government, have agreed to commit to a coal phase-out by 2030 in a coalition deal, sources involved in the talks told Reuters on Tuesday.

Analysis: Pandemic debt adds to challenge of funding world’s climate goals

Huge spending by governments kept the world economy afloat during the pandemic as officials mobilized a fiscal response not seen since World War Two to bolster household incomes and give businesses a fighting chance to survive the health crisis.

Global need for copper, nickel will multiply over next 30 years -BHP

The global markets will need four times the nickel and double the copper in the next 30 years to facilitate a decarbonised world, a BHP Group (BHP.AX) executive said on Wednesday.

Insurers plan to up ramp up private market investments, BlackRock says

Insurers plan to increase their allocations to private markets to 14% from 11% over the next two years in the hunt for yield, as they add more money to environmentally focused investment funds, BlackRock Inc (BLK.N) officials said. (BLK.N)

KKR, Global Infrastructure Partners to take CyrusOne private for $11.5 bln

KKR & Co Inc (KKR.N) and Global Infrastructure Partners (GIP) will take U.S. data center operator CyrusOne Inc (CONE.O) private for $11.49 billion in cash, the latest deal in a sector that has boomed during the COVID-19 pandemic.

Dutch face three-week, partial lockdown as COVID-19 cases soar

Bars and restaurants will close early and sporting events will be held without audiences under a three-week, partial lockdown that is expected to be announced in the Netherlands on Friday evening.

COVID-19’s epicentre again: Europe faces fresh reckoning

Europe has become the epicentre of the pandemic again, prompting some governments to consider re-imposing unpopular lockdowns in the run-up to Christmas and stirring debate over whether vaccines alone are enough to tame COVID-19.