The central bank of Rwanda expects 8.1% economic growth in 2020 after an average growth of 10.9% in the first three quarters of 2019, the governor of the National Bank of Rwanda John Rwangombwa says.
The Russian central bank decreased the key lending rate to 6% from 6.25% amid slower than expected inflation, a report published by the bank shows.
China's foreign exchange reserves increased by $7.6B to $3.115T at the end of January from the end of 2019, a report published by the State Administration of Foreign Exchange shows.
The number of newly constructed residential buildings in Bulgaria increased by 46.4% in the fourth quarter of 2019, compared to the prior year, the National Statistical Institute reports.
Taiwan's exports declined 7.6% to $25.07B in January from the same period the prior year, while imports fell 17.7% to $21.61B, the Ministry of Finance of Taiwan reports.
The United Arab Emirates and Zambia signed several agreements to improve trade between the two countries, a report published by the Ministry of Foreign Affairs of Zambia shows.
The average price of a house in Britain reached £240,054 in January, an increase of 4.1% compared to the same period the prior year, the mortgage lender Halifax reports.
The Ministry of Transport of China stated on Saturday that it would resume waterway and road infrastructure projects on February 20 across the country except for the province of Hubei.
According to the Nikkei business daily, Chinese authorities have rejected Foxconn plan of resumption of production starting from Monday.
After a meeting with the Foreign Minister of Japan Toshimitsu Motegi, the British Foreign Secretary Dominic Raab said that he wanted an "ambitious" trade agreement between the two countries.
On Friday, the US Treasury Secretary Steven Mnuchin stated that the US GDP would grow by less than 3% in 2020.
The government of Shanghai announced on Saturday that it would help Tesla in resuming its operation in China that had been hit by the coronavirus.
The European planemaker Airbus is likely to buy the 33.58% remaining stake of its Canada's rival Bombardier in the A220 passenger aircraft programme, according to a Reuters report.
Apple Inc announced it would delay reopening of its retail stores in China amid the coronavirus outbreak, despite the move hit sales and manufacturing of the iPhone maker.
Ford Motor restructured its top management by appointing Jim Farley, the carmaker's strategy chief, as its new chief operating officer, pledging to skeptical investors to boost its slow-moving turnaround.
Japan's Mitsubishi Materials has acquired a 30% stake in Chile's Mantoverde copper mine in a deal worth $236M, aiming to secure concentrates for smelters.
According to data released by the Statistics Canada on Friday, Canada added 34,500 jobs in January, stronger than what the market had expected, and the unemployment rate fell to 5.5%.
On Friday, the US House of Representatives passed legislation that provides disaster aid of nearly $4.7B to Puerto Rico.
Slovenian Democratic Party, the largest party in Slovenia's Parliament, has begun talks with Modern Centre, the Pensioners' Party Desus and the conservative New Slovenia to form a coalition government.
Ericsson's Chief Executive Officer is set for an official meeting with Germany's Chancellor Angela Merkel scheduled for the next week on the back of the Berlin debate over regulation of telecoms equipment providers.
Elon Musk's SpaceX has plans for an initial public offering of Starlink, its space internet business, the company's COO Gwynne Shotwell told Reuters.
Japan's Mitsubishi Materials has acquired a 30% stake in Chile's Mantoverde copper mine in a deal worth $236M, aiming to secure concentrates for smelters, the company announced on Friday.
Shares in Huawei Technologies' rivals, Ericsson and Nokia, surged sharply on Friday, 4.4% and 3.7% respectively, on the United States idea to consider acquiring stakes in the companies to counter the Chinese tech giant's dominance in 5G technology.
Hyundai Motor and its affiliate Kia Motors are planning to keep their production at the Chinese plants suspended until February 16, due to the coronavirus outbreak.