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Global Business Daily: 'High stakes' EU summit, TikTok removals

"The stakes couldn't be higher."That's what European Commission President Ursula von der Leyen told journalists in Brussels today, as the all-important leaders' summit on a bloc-wide COVID-19 recover

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The last landing for British Airways' 747 jumbo jets

The famous hump will no longer be seen with BA livery. /Nicolas Economou /CFP via Getty Images British Airways has announced it is to retire its Boeing 747 "jumbo jet" fleet with immediate eff

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Global Business Daily: ECB urges crisis fund move, China growth

"It is important for the European leaders to quickly agree on an ambitious package."That was Christine Lagarde, speaking in Frankfurt today. The European fiscal capital was the setting for the latest

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Statue of protester that replaced one of slave trader removed

Just over 24 hours after artist Marc Quinn installed a cast-iron statue of Black Lives Matter (BLM) protester Jen Reid where slave trader Edward Colston once stood, Bristol City Council has removed t

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UK has so far judged 9 of 3,319,000 EU citizens 'unsuitable' to stay

While much of Europe and the world has been focused on the COVID-19 pandemic, you might be forgiven if you forgot the European Union remains in the middle of what had been its biggest test: Brexit

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Global Business Daily: Oil rush, Lyft lifts, Google sued

"We will not allow a reckless minority to put our domestic recovery at risk."That was the warning from Britain's home secretary, Priti Patel, as she announced fines of $1,200 would be levied on retur

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How will sport look in 2020 and beyond?

03:06 Although some European sport is back on television, with the return of German football the most notable, there are serious questions over whether the sporting economy can continu

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UK research funding at risk from fall in overseas students: academics

The predicted fall in international students at British universities will have a damaging effect on the wider research and development environment, according to research and analysis by the Higher Ed

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Are 'staycations' going to be the new normal?

Europeans might be holidaying in their own countries, instead of taking long flights. /Jaime Reina/AFP The travel industry has suffered on a truly global scale from the impact of the COVID-19

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Cash surge defies coronavirus fears

03:42 The old adage goes "cash is king" and even amid the COVID-19 pandemic, this appears to be holding true. Despite warnings that cash might carry the virus and hamper efforts to sto

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UK prisoner tested for Covid-19 named

A man who was extradited from Thailand to the UK on drugs charges is being tested for the novel coronavirus, Covid-19. Rumble is being held at Bullingdon prison near Oxford, after his arrest in T

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Global Business Daily: 'Better' Aussie coal, digital taxes and more

"Australian coal is, environmentally, significantly more efficient than coal that is produced and used in other parts of the world."That was the claim from Australian finance minister, Mathias Corma

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Sign up here for a daily evening email bringing you the top headlines from the world of business. Each weekday, we will bring you our top headlines from Global Business on CGTN, as well as selecte

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EU budget: How did states agree on $188 billion figure?

The European Union budget for 2020 is 168.69 billion euros ($188 billion). But how is such a hefty sum agreed on? How does the EU budget compare?Each year, the EU sets a budget to assist member state