Revolut, the British digital banking app, is planning to hire about 3500 new staff amid its expansion into 24 markets in the global push with the payments giant Visa, both companies announced on Monday.
On Sunday, Forever 21 Inc, the fashion retailer, has filed for bankruptcy, joining the growing list of companies that were hit by e-commerce giants, such as Amazon.com, amid customers' rising demand for an online shopping.
United Auto Workers and General Motors announced on Monday they would continue negotiations on a new labour deal due to a strike launched by the union members that had entered the third week already.
The Canadian ruling Liberal Party announced on Sunday a number of spending initiatives, though added that their implementation would require $15.11B annual deficits over the upcoming four years.
The Finance Minister of the United Kingdom Sajid Javid pledged on Sunday to boost infrastructure spending in order to repair roads and improve bus services.
China's investment in highways and waterways expanded 3.7% in the first eight months of the current year, the Ministry of Transport reports.
The Alibaba Group has developed its first high performance AI chip, Hanguang 800, the group CTO and head of the Alibaba Damo Academy Jeff Zhang says.
China supports Venezuela's efforts to safeguard sovereignty, the Chinese State Councilor and Foreign Minister Wang Yi says at a meeting with the Venezuelan Vice President Delcy Rodriguez.
Imports of metallurgical coal to China surged 30% in August to 9.07M tonnes, a data published by the General Administration of Customs shows.
The tourism sector in Brazil expanded 1.5% in July 2019, compared to the same period the previous year, the National Confederation of Trade, Services and Tourism reports.
China's service trade reached $505B in the first eight months of the current year, a 3% increase from the previous year, the Ministry of Commerce reports.
The economy of Hong Kong is likely to contract in the third quarter of 2019, after a negative growth in the second quarter, the Hong Kong Special Administrative Region government reports.
The Russian tech giant Yandex is conducting test drives with self-driving cars on the streets of Tel Aviv, a statement published by the company shows.
The International Monetary Fund visits Jordan to review economic developments in the country, a statement published by the IMF shows.
Investment in the manufacturing industry expanded 12% in the first eight months of this year, compared to the same period the prior year, the National Development and Reform Commission reports.
Asia is widely expected to see growth in sustainable investment amid changes in government policies in the last several years, a note published by the Swiss investment bank UBS Group AG shows.
The China Trade Fair Egypt opened in Cairo at the International Convention Center for a sixth consecutive year on Sunday.
The former Ukrainian Prime Minister, Mykola Azarov, stated that Ukraine must start an investigation into Joe Biden's son and his activity in the gas company Burisma Holdings Limited.
Japan's SoftBank Group is seeking its Chief Operating Officer Marcelo Claure's help in the lender's attempts to turn WeWork around, after the company postponed its IPO last week.
Bloomberg announced on Saturday that the United States had no immediate plans to halt listings of Chinese companies on the US stock exchanges, citing an official from US Treasury.
On Sunday, Austrians vote in a snap Parliamentary election where Sebastian Kurz, the Conservative leader, is expected to win, while his potential choice of a coalition partner, with whom he would secure a majority, still remains unclear.
Trump's Administration considers delisting Chinese firms from the US stock exchanges, potentially escalating the US-China trade tensions in a broader effort to limit the US investment in China's companies.
According to the US SEC, Herbalife Nutrition is set to pay $20M in settlement regarding charges that the company made misleading and false statements on its China business operations.
The Bank of Korea reported on Saturday that the export volume index has dropped 5.8% in August, thus marking the fourth straight month of decrease.