Saudi Arabia and Oman called on Monday for continued cooperation between OPEC and other allied producers to stabilise and balance the oil market, the Gulf states said in a joint statement, Trend reports with reference to Reuters. 

China’s Ministry of Industry and Information Technology said on Monday it has issued a draft three-year action plan to develop the country’s cyber-security industry, estimating the sector may be worth more than 250 billion yuan ($38.6 billion) by 2023.

The European Commission will delay its plan to put forward a new levy on digital services later in July, a spokesman said on Monday, following intense pressure from the US administration. 

Spain will invest 4.3 billion euros ($5.1 billion) to kick-start the production of electric vehicles and batteries as part of a major national spending programme financed mostly by European Union recovery funds, the government said on Monday. Prime Minister Pedro Sanchez said the government-run plan would include the whole production chain, giving grants to companies with the goal of building the country’s first battery plant and boosting manufacturing of electric vehicles.

European Union foreign ministers agreed on Monday to launch a global infrastructure plan linking Europe to the world, its latest step after deals with India and Japan and a similar pledge by the Group of Seven richest democracies. 

Nepal's Supreme Court has reinstated its parliament, which was dissolved by caretaker Prime Minister KP Sharma Oli in May, and ordered that his rival Sher Bahadur Deuba be appointed as prime minister.

Countries should be able to tax a quarter of big multinationals’ profits no matter where they are earned, France proposed on Saturday at a G20 finance ministers meeting focused on overhauling the rules for cross-border corporate taxation. 

Lisbon’s restaurant owners, already struggling to survive without the usual hordes of summer tourists, expressed consternation at a new measure implemented on Saturday requiring tests or a vaccination certificate to sit indoors.

Egypt’s revenue from the Suez Canal for the 2017-2018 financial year rose 11.5 per cent to a record high $5.585 billion (4.20 billion pounds), the canal authority said in a statement on its website on Sunday.

Finance chiefs of the G20 large economies endorsed a landmark move to stop multinationals shifting profits to low-tax havens at talks on Saturday where they will also warn that coronavirus variants threaten the global economic recovery. 

Malaysia’s government and state fund 1Malaysia Development Berhad (1MDB) are seeking over $5.6 billion in damages from KPMG partners for alleged breaches and negligence linked to a corruption scandal at the fund, court documents seen by Reuters showed. 

India’s fuel demand recovered last month after slumping to a nine-month low in May, as restrictions to curb the spread of the pandemic were eased and mobility picked up. 

China’s market regulator on Saturday said it would block Tencent Holdings Ltd’s plan to merge the country’s top two videogame streaming sites, Huya and DouYu, on antitrust grounds. 

Investors are looking to US companies’ upcoming quarterly results and forecasts about the recovery in the second half of 2021 as some worry that the recent economic surge is already waning.

Oil prices rose for a second day on Friday as the market reacted to falling US inventories, and signs of strong Asian demand from both China and India added support.

South Korea’s Samsung SDI Co may build a battery cell plant in the United States to support the auto industry’s shift to electrification, a company source with close knowledge of the matter told Reuters on Thursday. 

Dozens of US states joined forces in a lawsuit filed Wednesday accusing Google of abusing its power when it comes to getting apps for Android-powered mobile devices.

The European Central Bank was to announce the outcome on Thursday of an 18-month strategy review, redefining a inflation target seen by some as confusing and laying down what role it can play in the fight against climate change. 

The French economy grew twice as fast as expected in the second quarter, the central bank said Wednesday, as business activity surged after Covid-19 restrictions were lifted.

Deliveroo’s orders jumped 88 per cent during the June quarter, although the food delivery firm tempered its outlook for annual profit margins on Thursday, as it burns more cash and orders return to pre-pandemic levels.