Italy is planning to cut its virus-hurt economy to 4.1% in the current year and raise the 2022 GDP to 4.3%, according to the official data published on Monday.
Hyundai Motor is planning a temporary suspension of its production at the South Korean plant amid chip shortage expected between Apr. 5 and Apr. 13, according to Korea Economic Daily's report.
Despite the ongoing blockage of the Suez Canal and significant losses announced by Nomura and Credit Suisse, stock indices remained flat during Monday's European trading hours.
On Monday, China's Didi Chuxing announced it would roll out its ride-hailing service in South Africa's Cape Town.
The Chinese group Tencent Music Entertainment announced it is planning its biggest ever $1B share buyback, following the US securities regulator's adoption of stricter measures for the US-listed foreign companies.
The German trade union Verdi called for a four-day strike at six Amazon sites before the Easter, seeking to force the US e-commerce company to recognise collective bargaining deals.
On Monday, China Evergrande Group stated it would sell 10% of Fangchebao (FCB), the online automobile and real estate marketplace, to 17 investors in a fundraising deal worth $2.10B ahead of its planned IPO.
Portugal's government deficit rose to 5.7% of its GDP in 2020 as the economic activity deteriorated amid COVID-19 lockdowns, a report published by the Statistics Portugal shows.
US consumer spending and personal income fell in February as the government's stimulus payments fade and closures continue, the Commerce Department reports.
Business sentiment in Italy improved slightly in March, while consumer confidence deteriorated, data published by the National Statistics Institute show.
The economy of Spain contracted 10.8% in 2020, the worst year since 1970, a report published by the Spanish Statistical Office shows.
On Sunday, the World Bank revealed that it would re-engage in talks with Sudan in regards to grants valued at $2 billion.
The Chinese government revealed on Sunday that it would tighten regulations of the country's credit rating business.
The government of the United Kingdom revealed on Sunday that almost 30 million citizens had received coronavirus vaccines.
On Sunday, a German workers union called for a four-day strike at all Amazon facilities in the country.
As reported by the Financial Times on Sunday, UK's ministers have rejected a plea for a 170M GBP bailout for GFG Alliance company.
Switzerland's unit of Lufthansa could announce further job cuts, its CEO Dieter Vranck told SonntagsBlick newspaper on Sunday.
On Sunday, it was revealed that a trade union in the United Kingdom would call for a Deliveroo rider strike.
A sandstorm raged in Beijing for a second time in a two-week period on Sunday halting economic activity.
On Sunday, the China Petroleum & Chemical Corporation or Sinopec announced that it would increase its spending in 2021 by 23.8%.
The government of the United Kingdom revealed on Sunday that there would be no vaccine shortages due to the split with the European Union.
On Sunday, an aid to the German Chancellor Angela Merkel stated that Germany had to stop the coronavirus now or risk a loss of control over it.
Polls released on Sunday revealed that the support for the German party CDU and the German Chancellor Angela Merkel had declines since the last election.
The government of Egypt revealed on Saturday that it had dislodged the rudder and stern of the ship that is stuck in the Suez Canal.