IBM announced today that the U.S. Army’s Logistics Support Activity awarded IBM a contract to continue providing cloud services, software development and cognitive computing, constituting the technical infrastructure for one of the U.S. federal government’s biggest logistics systems.

NDB was established in 2014 with an initial fund of $100 billion pooled from five BRICS countries.

Trade volume between China and BRICS countries increased 26 percent year on year to hit 167.07 billion U.S. dollars during the January-July period, MOC spokesperson Gao Feng said at a press briefing.

Nordea expects the global economy to grow by 3.6 per cent this year, 3.7 per cent in 2018 and 3.6 per cent in 2019, in a new forecast released today.