China's artificial intelligence start-up Megvii is planning to raise $500M in a new round of funding, pegging the company's current valuation at $3.5B, sources close to the matter reported.
China's Tianqi Lithium CEO is believing that investing in the Chilean lithium miner SQM is good for both the companies and could bring some "long-term benefits", despite the local anti-trust regulators set strict conditions for the deal.
On Sunday, Robert Lighthizer, the US Trade Representative, stated that March 1 was set as the "hard deadline" for reaching an agreement in the US-China trade negotiations.
The drugmaker Gilead Sciences is set to appoint Daniel O'Day, the executive of Roche Holding AG, as the company's new CEO with the official announcement expected to be made on Monday.
BP and UAE-based Mubadala Investment are set to purchase stakes in the Nour deepwater gas concession of the northern coast of Sinai after approval by the Egyptian Petroleum Ministry.
The UK outsourcing firm Interserve stated that it was in talks with lenders over a plan of debt reduction, which is likely to include converting a significant part of its debt into equity.
Alibaba Group Holding stated on Monday that it is set to increase the stake in Hong Kong-listed Alibaba Pictures to 51%, taking control of the film unit's board.
Japan's economy contracted the most in more than four years in the Q3, as capital expenditure fell, raising concerns over domestic and overseas demand amid trade war.
The Swiss government stated on Saturday it needed more political consultations in order to sign a treaty concerning relations with the European Union.
The Chile's Interior Ministry Subsecretary Rodrigo Ubilla said on Sunday that the government would not sign controversial UN pact, noting "migration is not a human right".
The Foreign Minister of France Jean-Yves Le Drian stated on Sunday that the United States must not interfere in the country's internal affairs.
The President of France Emmanuel Macron will address the nation tomorrow regarding anti-government protests, which continues for the fourth consecutive weekend, the Elysee palace stated on Sunday.
After rejecting the UN's global compact over migration, Hungary is set to reject the global compact of UN over refugees, as it may encourage the emergence of new dangerous migration flows.
On Sunday, the Prime Minister of Belgium Charles Michel was forced to relaunch his government, as the Flemish N-VA left coalition amid tensions related to signing the UN document on migration.
The Foreign Minister of Saudi Arabia Adel Al-Jubeir stated on Sunday that his country would not extradite its citizens, including suspects in the Khashoggi case.
The World Bank has agreed to provide a $1B loan to Egypt in order to support its private sector, the World Bank Vice President Ferid Belhaj said on Sunday.
On Sunday, the Jordan governments spokesman Jumana Ghunaimat said that the country would withdraw the controversial cybercrimes bill, submitted to Jordan's Parliament.
According to a source in an Elysee Palace, the French President Emmanuel Macron hold a meeting with representatives of employers' organisations and the French trade unions.
On Sunday, the UK Prime Minister Theresa May insisted that a crucial parliament vote on her draft Brexit agreement would go ahead as planned.
Several pro-Brexit ex-government ministers urged the UK Prime Minister Theresa May to go back to the European Union and renegotiate a better deal, as parliament prepares to vote on her draft Brexit deal.
Spain's housing prices increased 7.2% in the Q3 of 2018, compared with the quarter last year, according to the report by the Spanish Statistical Office.
About 3.3M people in India are likely to access safe drinking water after the approval of a credit of $400M by the AIIB.
The new budget of Serbia brought significant increase in salaries of public sector, as well as capital investments and pensions, in a bid to fuel development and improve living standards.
The value of Chinese core Artificial Intelligence industries is likely to exceed $145.47B by 2030, the latest report by BI stated.