Hichem Mechichi, the incoming Prime Minister of Tunisia, is planning to merge the Ministry of State Property, Investment and Economy and put economist Ali Kooli in charge of it.
The CEO of the German multinational retailer Metro AG - Olaf Koch will leave the company by the end of 2020, the firm will be looking for a successor.
The Premier of the State Council of China stated that despite the consequences of the turmoil caused by the COVID-19 pandemic, the economic growth is expected to step up this year.
On Sunday, Saudi Arabia's Minister of Energy affairs stated that the ministry is ready to provide support for the development of the $500B Neom project, a high-tech city near the Red Sea.
Globally, more than 800K people have died due to the coronavirus while the US fatalities passed 170K on Sunday, the fastest surge of deaths is recorded in the US, Brazil and India.
The annual conference will be held online with the participation of the US central bankers, among the topics discussed will be the monetary policy review on Thursday.
The sales volume of previously-owned houses surged 24.7% during the first two months of summer in the US, fueled by the government stimulus and the consumer interest of low-density housing.
On Sunday, the South Korean officials reported a record-high number of new COVID-19 cases, sterner distancing rules might be implemented to prevent further outbreaks.
The China Banking Regulatory Commission assured to continue supporting Hong Kong as a financial hub after the US-China tensions over the autonomy of Hong Kong have sparked.
The Chinese biopharmaceutical company Sinovac Biotech Ltd will deliver 50M doses of the coronavirus vaccine concentrate to Indonesia where the vaccine will be produced further locally.
The People's Bank of China and the Housing Ministry are set to form financing and capital management rules for major real estate firms, the Central Bank stated.
Volkswagen's unit Porsche AG started an internal investigation towards the suspected manipulation of its petrol engines, BamS reported.
Delta Air Lines revealed its plans to resume providing services on 50 flights internationally in 2021 that were postponed amid the pandemic.
Oil producers closed 13% of offshore crude oil production in the US-regulated Gulf of Mexico, as tropical storms were expected to cross the region next week.
Railsbank announced its intention to acquire the UK operations of Germany's payments processor Wirecard.
The MPCI launched an international subsidiary to sell the technology behind its Unified Payments Interface and RuPay network to other countries.
China approved a wealth management JV between BlackRock, Temasek Holdings and CCB, as the country gradually opens its financial sector to international companies.
The Chinese electric car manufacturer XPeng Motors seeks to raise more than $1B in the upcoming US IPO as the investor interest toward electric vehicle stocks is rising.
The US investment bank is considering the possibility to raise a venture fund of $2B next year aimed at investments in growth companies and startups.
The UK travel agency specializing in youth tourism has ceased trading after being hit by the hardships caused by the COVID-19 pandemic.
After seeing a record-high demand for the 30-year bonds on Wednesday, Germany's Treasury will increase the offering and sell $11M of notes next week.
As stated by Turkey's Automotive Industry Association on Saturday, the production of motor vehicles declined 27% from the beginning of 2020 until July, leading to a plunge in exports.
According to the information released by the government of Spain on Saturday, more than 50% of the businesses that were closed during the peak of the pandemic have now reopened.
On Saturday, the French government declared that the details of the $118B coronavirus recovery plan will be unveiled in the first week of September rather than next Tuesday.