Xi Jinping portrayed his signature Belt and Road Initiative as a sweeping alternative to the US-led world order, a vision for global economic cooperation endorsed in person by Russian President Vladimir Putin.

ASML Holding NV’s order intake plunged in the third quarter amid a sector-wide slump in the semiconductor industry, helping propel sales in China to nearly half of its revenue in the period.

European Central Bank Governing Council member Robert Holzmann said the Israel-Hamas war risks stoking oil prices and in turn driving inflation and weighing on growth, according to Ta Nea newspaper.

CVC Capital Partners is in the early stages of considering a potential bid for European payments firm Nexi SpA, people with knowledge of the matter said.

China has approved dozens of genetically modified corn and soybean seed varieties for planting, in a breakthrough move that could eventually boost production and reduce dependence on foreign supplies.

India extended its curbs on sugar exports beyond Oct. 31, according to a notification from the Directorate General of Foreign Trade on Wednesday, a move that is likely to tighten global supplies.

BHP Group Ltd. agreed to sell two Australian coking coal operations to Whitehaven Coal Ltd. for at least $3.2 billion, as the world’s biggest miner extends its withdrawal from fossil fuels.