Tesla's announcement of building first EU factory near Berlin is likely to draw further firms from the electric mobility and energy storage sectors into Germany, the State Premier stated.
According to the Kyodo News, three large automobile producers, Mitsubishi, Nissan and Renault, have agreed to form a joint venture (JV) to conduct research and development activities.
Fiat Chrysler and the United Auto Workers union announced the tentative four-year labour deal, a boost for the automaker working to merge with France's Groupe PSA.
The US online shoppers spent $7.4B on Black Friday, rising 19.6% from the prior year, the web analytics tool Adobe Analytics showed.
UniCredit agreed with Koc Holding to cut stake in the Yapi Kredi Bank to below 32% within moves to simplify shareholding structure and bolster capital.
South Korean exports in declined for the 12th month in succession in November, denting hopes for the global manufacturing sector stabilising, as China-US trade deal remained in darkness.
The Chinese economy is expected to expand 6.1% in 2020 and the outlook is cautiously optimistic, a report published by the Bank of China Research Institute shows.
The German Christian Democrats (CDU) stated on Saturday that they would like to work with new leaders of the Social Democrats (SPD).
On Saturday, Fiat Chrysler Automobiles NV has finally made an agreement regarding four-year labour contract with the United Auto Workers.
The incoming leader of the German Social Democrat Party (SPD) Norbert Walter-Borjans stated on Saturday that there was no need to make an immediate decision on whether to leave the coalition with Angela Merkel.
The German automaker BMW has entered into a joint venture with the Chinese Great Wall Motor to construct a new factory in east China's Jiangsu Province, a statement published by the company shows.
Imports to Nepal have declined 6.92% in the first four months of the current fiscal year to $3.91B, contributing to a decline in trade deficit, a statement published by Nepal's Department of Customs shows.
Britain's Black Friday transactions surged as much as 12.5%, in comparison with the previous year, cheering the UK retailers after experiencing a troubled year, Barclaycard's initial data showed.
The European Union antitrust regulators called for additional details regarding Google's practices of data collecting that may lead to more regulatory woes, Reuters reported on Saturday.
Nokia stated it is working to halt a dispute with Germany's Daimler and other companies regarding the level of fees that are charged for the Finnish company's technology patents.
The German car manufacturer Daimler plans to cut thousands of jobs by the end of 2022 to cut costs, a statement published by the company shows.
The Russian central bank has raised its growth forecast for the current year because of a strong economic growth in the third quarter, a statement shows.
According to the China's National Bureau of Statistics, the country's Purchasing Managers' Index (PMI) has increased from 49.3 in October to 50.2 in November.
On Saturday, the Finance Minister of New Zealand Grant Robertson announced plans to substantially increase spending on infrastructure projects.
The foreign debt of Belarus decreased 2% or $0.3B since the beginning of the current year, a report published by the Finance Ministry shows.
Leaders of Kyrgyzstan, Tajikistan, Turkmenistan, Kazakhstan and Uzbekistan have agreed to improve cooperation in trade and infrastructure, the Uzbek President Shavkat Mirziyoyev says.
The Mongolian Prime Minister Ukhnaa Khurelsukh plans to visit Russia at the invitation of Dmitry Medvedev, his Russian counterpart, the Ministry of Foreign Affairs of Mongolia reports.
Germany's BMW and Great Wall Motor are planning a plant construction in China, worth $716M with the capacity of 160K cars per year, to produce BMW's electric vehicles under its MINI brand, as well as GWA models.
Clariant is set to acquire a 10% stake in Plant Advanced Technologies, the cosmetics ingredients producer, as Swiss speciality chemicals firm seeks to build a strategic partnership with the French company.