European shares rose on hopes that the arrival of vaccines as early as next month will start to reverse the economic effects of the second wave of coronavirus. 


 
Vaccines Won't Save Eurozone From Double-Dip Recession

Positive clinical-trial results have cheered markets, but the economy faces a tough winter ahead before a shot becomes widely available 


 
Economy Week Ahead: Factories, Layoffs, Consumer Spending

Wednesday brings a full slate of economic data during a holiday-shortened week in the U.S. 


 
Trump's China Blacklist Sparks Reviews at Index Compilers

FTSE Russell, JPMorgan Chase and MSCI are rethinking their stance on securities from companies that the U.S. government says help the Chinese military. 


 
AstraZeneca, Oxford Vaccine Up to 90% Effective in Trials

The Covid-19 vaccine being developed by the University of Oxford and AstraZeneca was found to be as much as 90% effective in preventing infections without serious side effects in a large clinical trial. 


 
G-20 Leaders Vow to Cooperate as Coronavirus Cases Surge in the U.S., Europe

Leaders of the group of 20 major economies pledged to spare no effort to combat the virus and its effects and said Covid-19 vaccination should be extensive, affordable and accessible. 


 
U.S. Hospitalization Count Sets 13th Straight Daily Record

The U.S. reported 142,732 new cases of coronavirus and registered a record number of hospitalizations for the 13th straight day. 


 
Joe Biden Picks Antony Blinken for Secretary of State

President-elect Joe Biden intends to nominate Antony Blinken to serve as secretary of state, turning to a trusted diplomat and foreign-policy adviser to oversee his work to rebuild U.S. relationships around the globe. 


 
Chinese State-Owned Bank Stops Digital Bond Sale That Was Drawing Scrutiny

China Construction Bank decided not to proceed with a sale of up to $3 billion in short-term debt in an offshore financial center in Malaysia. 


 
Biden Team Faults Mnuchin for Letting Fed Aid Programs Lapse

The president-elect's transition team sharply criticized Treasury Secretary Steven Mnuchin's decision to allow funding for several emergency Federal Reserve lending programs to expire, escalating a political fight.

(END) Dow Jones Newswires

11-23-20 0515ET