While the U.S. economy has rebounded faster than originally anticipated following a large contraction in the second quarter, U.S. employment probably won't recover to pre-pandemic levels until 2023, a senior Federal Reserve official said Tuesday.
The purchasing managers' index (PMI) for China's manufacturing sector came in at 51.5 in September, up from 51 in August, the National Bureau of Statistics (NBS) said Wednesday.
The formal relaunch of struggling Italian airline Alitalia has been delayed.
Italian-American carmaker Fiat Chrysler and France's Peugeot on Tuesday announced the makeup of the board of directors for Stellantis, the company to be launched next year when the two companies complete their much-anticipated merger.
Sentiment among South Korean businesses over economic situation worsened this month on the COVID-19 resurgence here, central bank data showed Tuesday.
Carmaker Volkswagen Group China announced on Monday that it is planning to invest a total of roughly 15 billion euros (about 17.5 billion U.S. dollars) together with its joint ventures in e-mobility between 2020 and 2024.
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