#global

Gold holds biggest gain in three months

The global economic recovery has piled pressure on bullion this year

Stocks set to end 2020 at record high

Investors have pushed risk assets including stocks to sky-high valuations on expectations that widespread vaccine distribution in 2021 will reignite economic growth

Airbus cuts production after burning through $5.2bn

The world’s biggest planemaker will now aim to produce five A350 aircraft a month rather than the six targeted in April

Oil output freeze by Saudi, Russia to have 'miniscule' impact on oversupply

Global oil market will return to surplus in early 2017 – IEA

The agency said demand growth in 2017 is likely to be flat at around 1.3 million barrels per day