Volkswagen may have to accelerate plans for electric cars' mass production, aiming to meet tougher-than-anticipated European targets to cut CO2 emissions from cars, its CEO stated.
On Tuesday, the foreign ministers of Russia, Iran and Turkey conducted another rounds of talks this time trying to agree on composition of Syrian constitution body.
The President of Russia Vladimir Putin stated on Tuesday that nothing stops Russia from conducting negotiations with other states regarding their joining to the INF Treaty.
According to report published by the Bank of America Merrill Lynch, more than half of surveyed investors said that temps of economic growth would slower next year.
The head of Indian opposition Rahul Gandhi on Tuesday called the country's Prime Minister Narendra Modi to write off credits issued to local farmers.
The Chinese Industry Ministry stated that it is set to remove eleven steel companies from a qualified enterprises' list, banning them from operating, and ordered 17 more to rectify safety, environmental and other breaches.
The European Commission requested Italy a further €2.5B-€3B euros in savings ahead of approving the country's budget for 2019, the report showed.
The Japanese output gap turned negative for the first time since 2016 in the Q3, suggesting that the Bank of Japan's 2% inflation goal is likely to become more distant amid waning price pressure.
Huawei Technologies stated that it secured more than 25 commercial deals for 5G network, slightly above the 22 contracts the technology giant announced last month.
The China's Ministry of Industry and Information Technology on Tuesday decided to exclude 11 steel companies from qualified enterprise list and forbid them operating.
On Tuesday, South African Airways (SAA) signed an agreement with Emirates to extend a current codeshare treaty, which should increase passenger flows.
The UK Communities Secretary James Brokenshire stated on Tuesday that preparations for no-deal exit from the European Union was a rational decision even though the government did not wish such outcome.
On Tuesday, the China's National Development and Reform Commission (NDRC) approved a package of new stricter regulations covering investments in the country's auto industry.
On Tuesday, Indian ride-hailing company Ola announced that it would invest $100 million in startup firm Vogo.
On Tuesday, Asia shares edged lower, as concerns about sluggish global economy sent Wall Street shares sliding to its lowest level in over a year.
On Tuesday, Japan urged the G20 leaders to settle trade war through a multilateral structure and try to fix persistent global imbalances.
On Tuesday, the US Dollar was on edge in the Asian trading session, as the US Federal Reserve set to meet later this week to discuss whether to hike the interest rate.
South Korea on Tuesday announced that the country will provide a $3.5 billion worth subsidy package for car part makers.
On Tuesday, officials from China announced that they hope for an orderly Brexit, which would reduce issues for Chinese investment.
Oil prices declined for a third consecutive trading session on Tuesday. Namely, during the early hours of Tuesday's trading session crude oil benchmarks declined by more than one percent.
On Tuesday, the President of China Xi Jinping called for new reforms to be implemented. Although, the President did not specify exact measures.
The Japanese government revised down forecasts for economic expansions and consumer prices for 2018 and the following fiscal years, as weakening export demand and natural disasters weighed on the economy.
South Korea announced a policy package to support the country's car parts producers industry, which included providing nearly $3.1B worth financial support and encouraging the electric cars' use.
Japan is set to increase spending on advanced long-range missiles, stealth fighters and other equipment in the next five years to support the US forces facing the Chinese military in the Western Pacific.