IBM China signed a three-year partnership deal with Shanghai to build the first Watson Build AI Innovation Centre in China, aiming to cultivate AI talent and expand AI applications.
Thai exporters having lost the duty-free status for some goods sold to the US are likely incur losses of $59.68M, the Commerce Minister stated.
Antonio Costa, Portugal's Prime Minister, pledged to increase the monthly minimum wage 25% to $830 by 2023, while reiterating the aim to cut public debt to below 100% of the country's GDP.
Brazil's beverages company Ambev SA anticipated some of the headwinds, which hurt Q3 results, as recent prices increases in the country kept a lid on volumes of beer.
Louis Vuitton owner LVMH approached Tiffany & Co with the offer of acquisition, while the US luxury jeweller grapples with tariffs' impact on exports to China.
Profits at Chinese industrial companies contracted for the second month in succession, falling 5.3% in September, as producer prices kept sliding.
Wells Fargo & Co laid off at least 200 business bankers in the US lending divisions, restructuring some units, a source familiar with the matter stated.
Brazil's BNDES is expected bring forward nearly $2.5B in dividends to the government in 2019 to support the public finances.
General Motors is set to slowly restart operations at some plants in Mexico this weekend, after workers for the US automaker ratified a new labour contract.
The industrial property investor ESR Cayman priced the company's shares at $HK16.80 per share after its IPO book build was finished, two sources with knowledge of the matter stated.
Singapore's Economic Development Board stated that manufacturing production grew 0.1% year-over-year in September, compared to a revised 6.4% decline this August.
Russia's search giant Yandex reported a 38% revenue increase year-on-year to $704M in the Q3 of this year, despite concerns on foreign ownership law.
Global crude steel output declined 0.3% year-over-year to 151.5M tonnes in September, the World Steel Association stated.
Sales increase at Gucci-owner Kering weakened slightly in the Q3, while revenues grew 14.2% to $4.30B in the same period, as the firm offset some hit from a turmoil in Hong Kong.
The logistics sector in China showed steady growth of 5.7% in the first nine months of the current year, compared to the same period the previous year, official data show.
The Russian President Vladimir Putin plans to visit the Philippines on the invitation of the Philippine President Rodrigo Duterte.
China's island province Hainan reports a total trade volume of $9.5B in the first three quarters of 2019, an increase of 27.7% from the prior year, a statement published by local authorities shows.
The US federal budget deficit rose to $984B in the fiscal year 2019, an increase of 26% compared to the prior year, data published by the Treasury Department show.
China has approved 35 fixed-asset investment projects with a total investment value of $44.9B in the third quarter of the current year, data published by the National Development and Reform Commission show.
The US consumer sentiment improved to 95.5 in October from 93.2 in September, a survey conducted by the University of Michigan shows.
The German rating agency Scope and the US rating agency Standard & Poor's have upgraded the Greek credit rating by one notch with a positive outlook.
The World Bank plans to provide $150M to the Ghanaian government to improve the quality of education in the country, a press release published by the World Bank shows.
Consumer loans reached $3,833 per consumer by the end of 2018, a 19.5% increase compared to the same period the previous year, a report published by the People's Bank of China shows.
Bosnia and Herzegovina plans to strengthen economic cooperation with China through the framework of China's Belt and Road Initiative, director of Foreign Investment Promotion Agency Gordan Milinic says.