The Swiss economy grew 2.5% in 2018 as the chemical and pharmaceutical sectors showed strong performance, the State Secretariat for Economic Affairs reports.
The European Investment Bank provided $2.15B for energy and urban investment projects across Greece in 2018, the EIB Vice President Andrew McDowell says.
Portugal deserves a huge credit for efforts in combating the economic crisis in the country, the Head of the International Monetary Fund Christine Lagarde says.
The number of online shoppers in China reached 610M in December 2018, an increase of 14.4% from the prior year, the China Internet Network Information Center reports.
China and Nepal entered into a joint venture to construct a new advanced $140M cement plant in the central Nepal, China's Huaxin Cement reports.
Eleven companies have issued a combined $3.5B of Belt and Road bonds since a financing channel has been introduced in 2018, the China Securities Regulatory Commission says.
The economy of China's Tibet Autonomous Region expanded 9.1%, below an estimate of 10%, to $22B in 2018, the National Bureau of Statistics reports.
The China Securities Regulatory Commission has approved ICO applications of Zhejiang Merit Interactive Network Technology, CSPC Innovation Pharmaceutical and Ningbo Ginlong Technologies.
Fixed asset investment in the Chinese transportation sector reached $478.9B in 2018 as the country continues to invest in infrastructure projects, the Ministry of Transport reports.
Imports of natural gas to China increased 29.3% in January, compared to the same period the previous year, to 13.7B cubic meters, the National Development and Reform Commission reports.
Central agencies, including the People's Bank of China and the Ministry of Finance, aim to expand financing and reduce taxes and fees for private companies, a spokesperson of the CPPCC says.
China welcomes foreign investment in its automobile market as consumers look for quality-oriented purchases, a Spokesperson of the Ministry of Commerce says.
Algeria and Russia agreed to further improve bilateral cooperation during a visit of the Russian Foreign Minister Sergei Lavrov to the North African country.
China plans to deepen friendship relations with Taiwan despite current tensions, the Chairman of the Chinese People's Political Consultative Conference Yu Zhengsheng says.
Ukraine plans to deepen cooperation in nuclear energy and other areas with the US, the Ukrainian Prime Minister Volodymyr Groysman says.
China plans to further strengthen cooperation with Africa, a chairman of the National Committee of the Chinese People's Political Consultative Conference says.
Rwanda plans to double tourism revenues in the next six years through wildlife conservation, a top official in the Rwanda Development Board says.
The Swiss economy grew 2.5% in 2018, returning to a moderate expansion path mainly due to manufacturing, according the latest government report.
Indonesia's palm oil and derived products' exports grew to 3.25M tons in January, a 4% increase from the prior month earlier, the Gapki stated.
The parliament of Cyprus enacted legislation, paving the way to establish the National Investment Fund to manage revenues from selling the natural gas discovered in the exclusive economic zone.
The US personal income declined $23.8B in January, or 0.1% percent month-over-month, the US Commerce Department stated, while disposable personal income dropped $35.1B in the same period.
Amazon.com announced plans to open grocery stores across the US, as the company is set to expand in the food business, the WSJ reported, citing sources familiar with the matter.
The US personal income declined for the first time in three years last month, while consumer spending dropped markedly in December, putting the country's economy on a weak expansion path early in the Q1.
Linde, the industrial gases group, was targeting 8-12% growth rate in this year's earnings per share owing to cost cuts, even with slowing revenue growth, the company stated.