China's commerce ministry said on Tuesday that it aims to see online retail sales in the country rise to 17 trillion yuan ($2.66 trillion) by 2025, from 11.8 trillion yuan in 2020, in a statement outlining its 14th five-year plan for the e-commerce industry.
A proposal by Spain for European Union countries to jointly buy gas would not offer a solution to the recent spike in energy prices, Luxembourg's energy minister Claude Turmes said on Tuesday.
China's top economic planner said on Tuesday it was studying a mechanism to stabilise coal prices over the long run, in its latest move to cool the red-hot market.
The German government has cut its economic growth forecast for this year to 2.6%, but lifted its estimate for next year to 4.1% as supply problems are delaying the recovery in Europe's largest economy, two sources familiar with the decision said on Tuesday.
Lebanese Prime Minister Najib Mikati said on Tuesday he hoped cabinet meetings would resume soon, as a standoff over an investigation into last year's Beirut port explosion continues to paralyse government.