The British Finance Minister Rishi Sunak stated on Saturday that the ongoing talks between the EU and UK over the post-Brexit agreement, in general, can be described as successful.
Italy's Treasury has hired Orrick and Bank of America as its legal and financial advisers for the Monte dei Paschi merger deal, Reuters reported.
Geely Holdings and Daimler are considering China as their production hub for the hybrid powertrains deemed for Mercedes-Benz and Volvo cars.
The autonomous sensor start-up Luminar Technologies is set to supply its lidar sensors to Mobileye's self-driving fleet.
Apple, the advertising titan GroupM and other companies demanded the Justice Department's judge in a lawsuit against Google to allow them tougher protection on certain data.
Delta Air Lines and Canada's WestJet scrapped their proposed US-Canada joint venture, following the US government's demands for changes, which both airlines considered as "unreasonable and unacceptable".
G20 leaders are set to discuss this weekend the economic recovery from the COVID-19 pandemic, as well as back the debt relief.
According to sources familiar with the matter, the Italian government picked Bank of America (BoA) and Orrick as legal and financial advisors on Monte dei Paschi privatization.
The Finance Ministrer of South Africa Tito Mboweni stated on Saturday that credit ratings downgrades by Fitch and Moody's would result in higher borrowing costs for the country.
Larry Kudlow, the US President Economic Adviser, stated on Friday that the country's economy in his opinion was not decelerating.
The US Delta Air Lines and Canadian WestJet stated on Friday that they decided to refuse from creating join venture amid "unreasonable and unacceptable" demands made by the US Transportation Department.
Israel is in the final stage of talks with the British pharmaceutical giant AstraZeneca to purchase 10 million doses of its COVID-19 vaccine, the drugmaker and the Israeli government announced on Friday.
On Friday, the leaders of the 21-nation Asia-Pacific Economic Cooperation called for free and fair trade to boost a global economic recovery.
On Friday, the Toronto Stock Exchange's S&P/TSX composite index remained stable, the materials stocks surged by 1.7%, while the energy sector fell by 0.5%.
The President and CEO of the Federal Reserve Bank of Dallas Robert Kaplan said on Friday that the US economy needed more fiscal support.
On Friday, the US Dollar fell to a two-week low against a basket of major currencies, as investors and traders focused on the resumption of COVID-19 relief talks.
On Friday, crude oil prices continued to edge higher, buoyed by the prospects for effective coronavirus vaccines.
On Friday, US equity markets edged lower on concerns over fading COVID-19 stimulus deal and the near-term economic damage from the surging coronavirus infections.
Israeli imports from China rose 9.4% in the first ten months of the current year despite the pandemic, a report published by the Central Bureau of Statistics shows.
Industrial production in Brazil expanded for the fifth consecutive month in October, data published by the National Industry Confederation show.
The economy of Macao contracted 63.8% in the third quarter of 2020, compared to the same period the previous year, data published by the Statistics and Census Service show.
Exports from Kenya increased to a record high $4.4B for the January-September period, up from $4.1B for the same period the prior year, the Ministry of Industrialization, Trade and Enterprise Development reports.
Sri Lanka and China signed a $300M investment agreement to construct a tire factory in an industrial zone near the Hambantota International Port in Sri Lanka.
The Portuguese economy contracted 16.3% in the second quarter of 2020, compared to the same period the previous year, the Portuguese National Institute of Statistics reports.