Jacob Zuma, South Africa's controversial President, was said to be in the middle of talks with the African National Congress' new leader Cyril Ramaphosa over a transition of power, with one source saying Zuma would resign as soon as a list of preconditions had been ironed out.
The European Commission upgraded its forecasts for eurozone economic growth on Wednesday as the transition from recovery to expansion continues.
The Korean motor company Hyundai is set to be the first firm to introduce electric cars in India, taking advantage of Prime Minister Narendra Modi’s aim to make all new cars on the subcontinent electric by 2030.
China's foreign exchange reserves increased in January for the twelfth month in a row, but analysts are divided on whether Beijing has been intervening to brake recent strength in the yuan.
Angela Merkel has agreed a deal with coalition partners that will keep her in office for a fourth term as Germany’s chancellor, according to reports.