Electric carmaker Tesla is reversing course on its decision to move most of its sales online, saying it will keep many of its showrooms open -- but will need to hike prices to do so.

Turkey's economy fell into its first recession in a decade, official data showed on Monday, just weeks before President Recep Tayyip Erdogan's government faces local elections when growth and inflation will be key issues for voters.

A Japanese court on Monday barred Carlos Ghosn from attending a Nissan board meeting, as the bailed former chairman prepares his defense against charges of financial misconduct.

"As treasurer of my stokvel, I had to go to the bank almost every day to find out what is happening," said Annah Muambadzi, 65, of the panic that gripped her savings club.

With an increasing number of U.S. businesses no longer accepting cash, Philadelphia -- the City of Brotherly Love -- is taking a stand to protect the so-called "unbanked" and will force merchants to accept greenbacks.

Italy's Prime Minister Giuseppe Conte appears to have headed off a crisis over the disputed Turin-Lyon high-speed rail project that threatened to split the coalition government, Italian media reported Sunday.

Conte, a trained lawyer, helped draft a legal document late Friday to find a way out of the conflict between coalition partners the far-right League and the anti-establishment Five Star movement (M5S), said Italian daily Corriere della Sera.

China has gone to great lengths to support its currency and would not devalue the renminbi to spur exports or combat trade frictions, the governor of the central bank said Sunday.

Speaking on the sidelines of China's annual parliamentary session, Yi Gang said Washington and Beijing had discussed exchange rates in recent trade talks and reached a consensus on many "crucial" issues.

A decision to grant bail to Carlos Ghosn could risk "destruction of evidence" in the financial misconduct case against the former Nissan chief, a senior Tokyo prosecutor said Friday.

The mystery of Carlos Ghosn's strange attire when he was released from Japanese detention has been solved, with his lawyer saying Friday that it was an effort to protect the former chairman of Nissan from intense media attention.

Many had been baffled by why Ghosn was wearing a blue cap, surgical mask and a construction worker's outfit when he was released on bail Wednesday. The disguise has riveted Japanese tabloid media, with one TV show even featuring a reenactment with a man dressed in the same outfit.

Norway will announce on Friday whether its sovereign wealth fund, which is the world's biggest and has been fuelled by petrodollars, will divest its oil and gas holdings in a decision keenly awaited by climate activists.