The machinery sector in China expanded 43.5% to $1.24 trillion in the first four months of 2021, compared to the same period in 2020, the Ministry of Industry and Information Technology reports.
The US President Joe Biden landed in Brussels on Sunday to take part in the EU and NATO summits and strengthen transatlantic ties.
The Canadian Prime Minister Justin Trudeau stated on Sunday that he and President Biden discussed bilateral relations, including pandemic restrictions' abolishment.
The leaders of the Group of Seven pledged to cooperate to tackle carbon leakage before the EU is due to propose a plan to impose CO2 emission fees over imports of certain goods.
Moscow's mayor stated that the Russia's capital is set to give away cars for vaccinated residents, aiming to speed up the rate of vaccinations due to a surge in COVID-19 cases.
Amazon announced its decision to guarantee the entry-level wage at the company's warehouses in Germany of €12 an hour.
The Chinese automaker Geely is set to keep working on methanol-powered cars even though the effort may fail, its chairman Li Shufu stated.
Amazon Web Services is expected to open data centre in Israel, with the announcement after Israel inked a deal with Google and AWS for $1B project to provide cloud services.
China's Huawei is set to develop driverless passenger vehicle technology by 2025, an executive sated, aiming to diversify its business in the face of the US sanctions.
The Mexican main autopart association INA forecast that the semiconductor chip shortage is likely to subside in July and fully recover by the end of this year.
According to a source familiar with the matter, G7 leaders agreed on the need to continue helping economies with fiscal stimulus.
According to sources familiar with the matter, Toshiba Corp's board gathered for an off-schedule meeting on Sunday to re-assign candidates for three main board committees.
Beijing gave a warning on Sunday, saying that the days when a small number of countries ruled the world had already gone.
On Sunday, G7 leaders reaffirmed their commitment to increase climate contributions to at least $100B per year.
The British Foreign Minister Dominic Raab stated on Sunday that he would like to ease tensions with the block over trade rules with Northern Ireland.
The EU and the UK showed little sign of defusing the post-Brexit trade dispute after the British PM Boris Johnson held talks with France, Germany and top EU officials Ursula von der Leyen and Charles Michel.
On Saturday, Germany's Foreign Minister Heiko Maas called on all party to show more flexibility and pragmatism in the Iranian nuclear deal negotiations.
According to the USTR, Katherine Tai, the US Trade Representative, will travel to the United Kingdom on Wednesday to hold bilateral meetings with the British Trade Secretary Elizabeth Truss.
The leaders of the Group of Seven nations will support the proposed 15% global minimum corporate tax rates, Jake Sullivan, the White House national security adviser, announced on Friday.
According to a source with direct knowledge of the matter, the G7 leaders have agreed to continue support for fiscal stimulus.
According to sources with knowledge of the matter, the board of directors of Toshiba Corp will meet on Sunday to discuss the reassignment of nominees to three key committees.
The British Prime Minister Boris Johnson urged his European colleagues to be pragramatic in discussions over trade relations with Northern Ireland.
Amazon management made a decision on Friday to increase minimum pay for its employees in Germany to 12 Euros per hour.
Apple Inc hired Ulrich Kranz, a former chief executive at BMW's EV division, to help with its vehicle initiatives, Apple confirmed.