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Later Monday, de Blasio said at a news conference that the city was prepared to go forward on Wednesday in shutting nonessential businesses in the nine areas. The restrictions would likely last for two to four weeks, he said.

Lei Jun, founder of Xiaomi, said on Tuesday that the company would cap its after-tax revenue for hardware products within 5 percent and would return revenue above that level to customers in a "reasonable way".

Late last year, Amazon was rumored to be in?acquisition talks with Jabong, an Indian online lifestyle retail site. The deal would be worth up to .2 billion, and would give Amazon a greater foothold in India.

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Leading Chinese home appliances maker Galanz, for instance, said its sales revenue in the North American market has jumped 20 percent year-on-year in the first four months of 2020.

Leading food and beverage producer Nestle has launched a high-end milk powder for mothers in China, in collaboration with JD and baby product retailer Leyou, to earn more Chinese market share for the competitive maternity dairy product.

Lawmakers reviewed a draft revision to the Forest Law, which modified stipulations on the compensation concerning the ecological benefits of forests.

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Last year, the government decided to extend its period for the transition to new rules for cross-border e-commerce by one year, until the end of 2018, providing an assurance boost for the industry.

Lee said these routes are still new and there is much potential to increase the frequency and capacity, in tandem with the economic development in these regions. Apart from its distribution partners, the airline has teamed up with the local airports to jointly stimulate more travel to and from these cities.

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Leaders from China and the European Union have reaffirmed their goal to conclude talks on bilateral investment agreement before the end of this year during the China-Germany-EU leaders' meeting on Monday.

Law enforcement agencies will target instant food, snacks, alcohol, condiments as well as dairy and meat products. [Photo/IC]