China's economic fundamentals are strong and the country has sufficient policy tools to guard against systemic risks, People's Bank of China Governor Yi Gang said on Saturday, according to Xinhua.

World Bank shareholders approved a "historic" increase in the bank's lending capacity Saturday after the United States backed a reform package that curbs loans and charges more for higher income countries like China.

The EU said on Wednesday it was leading the defence of free trade in the face of US "protectionism" as it unveiled plans to fast-track deals with Japan and Singapore.

Volkswagen AG unit Electrify America will install electric vehicle charging stations at more than 100 Walmart Inc store locations in 34 US states by mid-2019 as part of Electrify's plans to bolster charging infrastructure across the country, the two companies said on Wednesday.

German Chancellor Angela Merkel backs the idea of a European Monetary Fund, provided national governments have sufficient oversight, sources close to her said before a visit by the French president.

Norway's Tomra, the world's top maker of machines that collect plastic bottles and repay a deposit, is seeking to expand in China as governments worldwide work to limit waste, Chief Executive Stefan Ranstrand said on Wednesday.

Ride-hailing giant Uber Technologies Inc is “doubling down” on its investments in India, one of its biggest markets, after its recent exit from Southeast Asia, its chief operating officer said on Wednesday.

Financial markets should start accelerating efforts to ditch Libor in favor of the Bank of England's revamped interest rate benchmark being launched next week, a senior BoE official said.

German unions on Wednesday said they had clinched a deal with employers giving public sector workers a "significant" salary boost, following a wave of strikes that hit airports, train stations, hospitals and daycares.

The International Monetary Fund urged central banks Wednesday to take a gradual and transparent approach to tightening monetary policy, warning that unexpected moves could shock the global economy.

British inflation unexpectedly slowed in March to reach the lowest level in a year, data showed Wednesday, undermining the urgency of raising interest rates although analysts said a hike was still likely next month.

Small US businesses hit by last year's natural disasters often suffered doubly since they did not have the right kind of insurance to cover their losses, according to a report Tuesday.

Amazon.com Inc has launched an international shopping feature that will enable customers across the world to shop more than 45 million items that can be shipped to their country from the United States.

Members of the UN International Maritime Organisation on Friday struck a deal to halve carbon dioxide emissions from shipping by 2050 in a deal that will force the industry to redesign fleets.

Large US banks reported increased first-quarter earnings Friday on higher interest rates and lower taxes, but cautioned that a trade war could stymie activity.

China aims to establish a free trade zone in Hainan by 2020 and will encourage multinationals to set up their international and regional headquarters there, as part of plans to open up the province's economy to foreign investors.

New Zealand is halting all new offshore oil and gas exploration to become a global leader in the fight against climate change, the centre-left government said Thursday, but opponents accused it of "economic vandalism".

Walmart Inc is likely to reach a deal to buy a majority stake in Indian e-commerce player Flipkart by the end of June in what could be the US retail giant's biggest acquisition of an online business, two people with direct knowledge of the matter said.

World trade in goods is maintaining a robust recovery, but it still might falter if trade tensions escalate further, the World Trade Organisation said in its annual forecast on Thursday.

German car giant Volkswagen is set to replace its CEO Matthias Mueller Thursday, as it struggles to move on from the "dieselgate" emissions scandal that has mired the company since 2015.